| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FND | Class A common stock, par value $0.001 | Sale | -$2.15M | -18.7K | -9.49% | $115.00 | 178K | Jul 19, 2023 | Direct | F1 |
| holding | FND | Class A common stock, par value $0.001 | 965 | Jul 19, 2023 | By son | ||||||
| holding | FND | Class A common stock, par value $0.001 | 33.9K | Jul 19, 2023 | By the Taylor Grantor Retained Annuity Trust, of which Mr. Taylor is the trustee. | F2 |
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 reported sale was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2023. |
| F2 | The reported securities are remainder interests held in sub-trust accounts of the Taylor Grantor Retained Annuity Trust, which are held for the benefit of the reporting person's children. Such securities will be distributed to each child upon their 30th birthday and, because of the nature of the sub-trusts, distributions will be non-discretionary and therefore will not be reported. |