Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARCH | Common Stock | Sale | -$850K | -5K | -18.02% | $170.03 | 22.8K | Dec 1, 2023 | Direct | F1 |
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 of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 9, 2022. |
This amendment is being filed to correct the price in Column 4 of Table I and restate Footnote (1) originally filed by the reporting person on December 1, 2023.