| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PIPR | Common Stock | Sale | $125,038 | -680 | -4.5% | $183.88 | 14,393 | 26 Feb 2024 | Direct | F1, F2 |
| transaction | PIPR | Common Stock | Sale | $410,514 | -2,222 | -15% | $184.75 | 12,171 | 26 Feb 2024 | Direct | F1, F3 |
| transaction | PIPR | Common Stock | Sale | $84,204 | -453 | -3.7% | $185.88 | 11,718 | 26 Feb 2024 | Direct | F1, F4 |
| transaction | PIPR | Common Stock | Sale | $37,334 | -200 | -1.7% | $186.67 | 11,518 | 26 Feb 2024 | Direct | F1, F5 |
| transaction | PIPR | Common Stock | Award | $0 | +11,246 | +98% | $0.000000 | 22,764 | 26 Feb 2024 | Direct | F6 |
| transaction | PIPR | Common Stock | Tax liability | $0 | -5,129 | -23% | $0.000000 | 17,635 | 26 Feb 2024 | Direct | |
| transaction | PIPR | Common Stock | Sale | $81,578 | -443 | -2.5% | $184.15 | 17,192 | 27 Feb 2024 | Direct | F1, F7 |
| transaction | PIPR | Common Stock | Sale | $9,616 | -52 | -0.3% | $184.93 | 17,140 | 27 Feb 2024 | Direct | F1, F8 |
| holding | PIPR | Common Stock | 48,083 | 26 Feb 2024 | Through Living Trust | F9 |
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 shares of common stock were sold pursuant to a 10b5-1 trading plan. |
| F2 | The price reported in Column 4 for transactions on this report is a weighted average price. The shares sold in footnotes (2), (3), (4), (5), (7) and (8) were sold in multiple transactions at the price ranges provided in footnotes (2), (3), (4), (5), (7) and (8). These shares in footnote (2) were sold in multiple transactions at prices ranging from $183.3500 to $184.3300 inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2), (3), (4), (5), (7) and (8) upon request by the SEC staff, the issuer or any shareholder of the issuer. |
| F3 | These shares were sold in multiple transactions at prices ranging from $184.3600 to $185.2700 inclusive. |
| F4 | These shares were sold in multiple transactions at prices ranging from $185.3700 to $186.3400 inclusive. |
| F5 | These shares were sold in multiple transactions at prices ranging from $186.5000 to $186.8300 inclusive. |
| F6 | Each performance share unit represented a contingent right to receive one share of PIPR common stock. The performance share units vested 150% based on attaining certain levels of adjusted return on equity and 150% based on relative shareholder return within a group of peer companies, both as measured from January 1, 2021 through December 31, 2023. |
| F7 | These shares were sold in multiple transactions at prices ranging from $183.7500 to $184.7200 inclusive. |
| F8 | These shares were sold in multiple transactions at prices ranging from $184.7600 to $185.0800 inclusive. |
| F9 | These shares are held in revocable living trusts, of which the reporting person and the reporting person's spouse are co-trustees. |