| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SQ | Class A Common Stock | Sale | -$75.6K | -1.03K | -1.44% | $73.78 | 70K | Jan 2, 2024 | Direct | F1, F2 |
| transaction | SQ | Class A Common Stock | Sale | -$37.7K | -500 | -0.71% | $75.43 | 69.5K | Jan 2, 2024 | Direct | 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 | Represents the number of shares automatically sold to satisfy the Issuer's income tax withholding and remittance obligations in connection with the vesting of restricted stock units. |
| F2 | The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.77 to $73.78 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F3 | The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on May 11, 2023. |