MICHAEL P. CONNORS - 07 Aug 2023 Form 4 Insider Report for Information Services Group Inc. (III)

Signature
/s/ Michael P. Connors
Issuer symbol
III
Transactions as of
07 Aug 2023
Net transactions value
-$250,000
Form type
4
Filing time
09 Aug 2023, 16:15:07 UTC
Previous filing
02 Aug 2023
Next filing
16 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction III Shares of Common Stock Sale $250,000 -50,000 -0.92% $5.00 5,363,042 07 Aug 2023 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 Sale is pursuant to a written stock selling plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, which was previously disclosed in the Issuer's Current Report on Form 8-K filed on March 21, 2023.