Bradford A. Phillips - Jun 8, 2023 Form 4 Insider Report for AMERICAN REALTY INVESTORS INC (ARL)

Role
Director
Signature
Bradford A. Phillips
Stock symbol
ARL
Transactions as of
Jun 8, 2023
Transactions value $
$1,873
Form type
4
Date filed
6/13/2023, 04:04 PM
Previous filing
Jun 8, 2023
Next filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARL Common Stock, par value $0.01 per share Purchase $1.87K +95 +0.9% $19.72 10.6K Jun 8, 2023 PS II Management LLC, governing person as Manager
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).