Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LENB | Class A Common Stock | Sale | -$929K | -8.84K | -6.25% | $105.10 | 133K | Oct 20, 2023 | Direct | F1, F2 |
transaction | LENB | Class A Common Stock | Sale | -$121K | -1.16K | -0.87% | $105.01 | 131K | Oct 23, 2023 | Direct | F1, F3 |
holding | LENB | Class B Common Stock | 2.88K | Oct 20, 2023 | Direct |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | The sale occurred pursuant to a Rule 10b5-1 plan adopted by the reporting person on January 12, 2023. |
F2 | The price reflects the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $105.00 to $105.22 per share. The reporting person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
F3 | The price reflects the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $105.00 to $105.04 per share. The reporting person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. |