Surbhi Sarna - Jan 2, 2024 Form 4 Insider Report for Penumbra Inc (PEN)

Role
Director
Signature
/s/ Jee Hamlyn-Harris, as attorney-in-fact for Surbhi Sarna
Stock symbol
PEN
Transactions as of
Jan 2, 2024
Transactions value $
-$21,053
Form type
4
Date filed
1/4/2024, 07:36 PM
Previous filing
Oct 4, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEN Common Stock Sale -$21.1K -85 -3.57% $247.68 2.3K Jan 2, 2024 Direct F1
* 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).

Explanation of Responses:

Id Content
F1 The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.