Scott B. Salmirs - Dec 13, 2023 Form 4 Insider Report for ABM INDUSTRIES INC /DE/ (ABM)

Signature
By: David R. Goldman, by power of attorney
Stock symbol
ABM
Transactions as of
Dec 13, 2023
Transactions value $
-$1,250,000
Form type
4
Date filed
12/15/2023, 06:05 PM
Previous filing
Nov 7, 2023
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABM Common Stock Sale -$1.25M -25K -7.11% $50.00 327K Dec 13, 2023 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 sale of shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on January 10, 2023.