Neil C. Rifkind - Dec 14, 2023 Form 4 Insider Report for TIPTREE INC. (TIPT)

Signature
/s/ Neil C. Rifkind
Stock symbol
TIPT
Transactions as of
Dec 14, 2023
Transactions value $
-$54,923
Form type
4
Date filed
12/18/2023, 04:05 PM
Previous filing
Mar 1, 2023
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TIPT Common Stock Sale -$54.9K -2.82K -7.48% $19.50 34.8K Dec 14, 2023 Direct F1
holding TIPT Common Stock 2.03K Dec 14, 2023 By 401K
* 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 This sale was executed in multiple sales at prices ranging from $19.50 to $19.52, inclusive. The price reported above reflects the weighted average price. The reporting person undertakes to provide to the issuer, any security holding of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.