| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ELVN | Common Stock | Sale | -$62.6K | -2.27K | -0.21% | $27.56 | 1.06M | Jul 31, 2024 | See footnote | F1, F2, F3 |
| holding | ELVN | Common Stock | 0 | Jul 31, 2024 | See footnote | F4 | |||||
| holding | ELVN | Common Stock | 0 | Jul 31, 2024 | See footnote | F5 |
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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 26, 2023. |
| F2 | This transaction was executed in multiple trades at prices ranging from $27.50 to $27.655. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. |
| F3 | The shares are held of record by The Kintz & Egan Trust Dated March 30, 2019 for which the reporting person serves as trustee. |
| F4 | The Reporting Person does not have direct or indirect beneficial ownership of shares that were previously reported as held by an irrevocable trust dated October 26, 2021 for the benefit of the Reporting Person's elder son as the Reporting Person does not have any control over such trust and therefore does not directly or indirectly beneficially own shares held by such trust. |
| F5 | The Reporting Person does not have direct or indirect beneficial ownership of shares that were previously reported as held by an irrevocable trust dated October 26, 2021 for the benefit of the Reporting Person's younger son as the Reporting Person does not have any control over such trust and therefore does not directly or indirectly beneficially own shares held by such trust. |