| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ELVN | Common Stock | Sale | -$14.8K | -983 | -2.68% | $15.03 | 35.7K | Dec 22, 2023 | Direct | F1, F2 |
| transaction | ELVN | Common Stock | Sale | -$1.53K | -102 | -0.29% | $15.01 | 35.6K | Dec 26, 2023 | Direct | F1 |
| holding | ELVN | Common Stock | 394K | Dec 22, 2023 | See footnote | 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 | The sales reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 29, 2023. |
| F2 | This transaction was executed in multiple trades at prices ranging from $15.00 to $15.24. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. |
| F3 | The shares are held by The Patel / Dong Family Trust Dated August 24 2017 for which the Reporting Person serves as trustee. |