Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARL | Common Stock, par value $0.01 per share | Purchase | $500 | +25 | +0.25% | $20.00 | 10K | Jun 5, 2023 | PS II Management LLC, governing person as Manager | |
transaction | ARL | Common Stock, par value $0.01 per share | Purchase | $9.26K | +500 | +5% | $18.51 | 10.5K | Jun 6, 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).