Bruce Labovitz - Jan 17, 2024 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
Jan 17, 2024
Transactions value $
-$153,850
Form type
4
Date filed
1/19/2024, 04:31 PM
Previous filing
Jan 4, 2024
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWMN Common Stock Sale -$154K -5K -1.85% $30.77 266K Jan 17, 2024 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.