| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARL | Common Stock, par value $0.01 per share | Purchase | $2.67K | +150 | +1.79% | $17.82 | 8.53K | May 10, 2023 | PS II Management LLC, governing person as Manager |
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).
The original filing also reported the purchase of 97 Shares of ARL on 05/12/2023 which purchase was reversed and cancelled on 05/15/2023 before it settled. This Form 4/A is filed to correct the record by deleting any reference to the 97 Share event.