J. Crew Delaware Trust B - 14 Mar 2024 Form 4 Insider Report for PALTALK, INC. (IPM)

Role
10%+ Owner
Signature
The J. Crew Delaware Trust B, By: J.P. Morgan Trust Company of Delaware, Trustee, By: /s/ Brian Chipoletti, Vice President
Issuer symbol
IPM
Transactions as of
14 Mar 2024
Net transactions value
-$74.25
Form type
4
Filing time
18 Mar 2024, 17:08:31 UTC
Previous filing
13 Mar 2024
Next filing
26 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PALT Common Stock Sale $74.25 -15 -0% $4.95 1,477,408 14 Mar 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 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2023.