Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BL | Common Stock | Tax liability | -$427K | -7.43K | -8.39% | $57.45 | 81.1K | Feb 20, 2024 | Direct | F1 |
transaction | BL | Common Stock | Sale | -$180K | -3.21K | -3.96% | $56.15 | 77.9K | Feb 21, 2024 | Direct | 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 shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units. |
F2 | The sale transaction reported on this Form 4 was effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 14, 2023. |