Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INFA | Class A Common Stock | Tax liability | -$1.26M | -51.6K | -3.22% | $24.44 | 1.55M | Nov 15, 2023 | Direct | F1, F2 |
transaction | INFA | Class A Common Stock | Sale | -$1.59M | -64.4K | -4.15% | $24.66 | 1.49M | Nov 15, 2023 | Direct | F2, F3 |
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 | Shares withheld to cover tax obligations in connection with the vesting of Restricted Stock Units ("RSUs"). |
F2 | Includes previously reported RSUs. |
F3 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 8, 2023. |