Bruce Labovitz - Dec 18, 2023 Form 4 Insider Report for Bowman Consulting Group Ltd. (BWMN)

Signature
/s/ Bruce Labovitz by Robert Hickey with Power of Attorney
Stock symbol
BWMN
Transactions as of
Dec 18, 2023
Transactions value $
-$197,177
Form type
4
Date filed
12/20/2023, 05:02 PM
Previous filing
Aug 24, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWMN Common Stock Sale -$163K -5K -1.79% $32.56 275K Dec 18, 2023 Direct F1
transaction BWMN Common Stock Sale -$34.4K -1.01K -0.37% $34.07 274K Dec 19, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 Reflects shares sold under a 10b5-1 trading plan, which was entered into on September 15,2023. The 10b5-1 trading plan relates to transactions of up to 19,000 shares of Company common stock, which, subject to the terms and conditions of the plan, may be sold by a brokerage firm periodically from December 2023 through January 2024.