Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | QIND | Common Stock | Disposed to Issuer | -$9.81K | -109K | -2.06% | $0.09 | 5.17M | Jan 19, 2024 | Direct | F1 |
transaction | QIND | Common Stock | Disposed to Issuer | -$4.51K | -47K | -0.91% | $0.10 | 5.12M | Jan 22, 2024 | 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 reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |