Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SNPO | Common Stock | Sale | -$20 | -2 | 0% | $10.00 | 1.75M | Aug 23, 2023 | Direct | F1, F2 |
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 | Automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 27, 2023. |
F2 | This transaction represents a sale executed pursuant to the reporting person's written plan pursuant to Rule 10b5-1. The sale reflected in this line item was made at a price of $10.00. |