| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PEN | Common Stock | Sale | -$128K | -444 | -23.34% | $288.66 | 1.46K | Sep 8, 2023 | Direct | F1, F2 |
| holding | PEN | Common Stock | 8.5K | Sep 8, 2023 | By Trust | F3 |
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 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan. |
| F2 | A portion of these shares is subject to vesting. |
| F3 | Shares are held by The Kassing Family Trust. |