Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WDC | Common Stock | Sale | -$91.5K | -1.5K | -5.73% | $61.00 | 24.7K | Mar 1, 2024 | By Family Trust | F1, F2 |
transaction | WDC | Common Stock | Sale | -$96.8K | -1.5K | -6.08% | $64.50 | 23.2K | Mar 1, 2024 | By Family Trust | F1, F2 |
holding | WDC | Common Stock | 5.21K | Mar 1, 2024 | Direct |
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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 24, 2023. |
F2 | Reflects a prior transfer by the Reporting Person of directly owned common shares to a trust for the benefit of the Reporting Person and the spouse of the Reporting Person, of which the Reporting Person and the spouse of the Reporting Person are also trustees. |