Stephens Group, LLC - Jul 19, 2023 Form 4 Insider Report for CONNS INC (CONN)

Role
10%+ Owner
Signature
The Stephens Group, LLC, /s/ William W. Kilgroe, General Counsel
Stock symbol
CONN
Transactions as of
Jul 19, 2023
Transactions value $
-$64,128
Form type
4
Date filed
7/20/2023, 05:27 PM
Previous filing
Jul 20, 2023
Next filing
Jul 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CONN Common Stock Sale -$64.1K -12.8K -0.3% $5.02 4.22M Jul 19, 2023 See Footnote F1
holding CONN Common Stock 72.5K Jul 19, 2023 By W.R. Stephens, Jr. Revocable Trust F2
* 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 The shares are held by SG-1890, LLC ("SG-1890"). The Stephens Group, LLC ("The Stephens Group") is the sole manager and has voting and dispositive power over the shares held by SG-1890. Investment and voting decisions with respect to the shares beneficially owned by The Stephens Group are made by W.R. Stephens, Jr. and Elizabeth S. Campbell, acting as managers. Mr. Stephens and Mrs. Campbell may be deemed to possess voting and dispositive control over the shares held by SG-1890.
F2 W.R. Stephens, Jr. acts as Trustee of W.R. Stephens, Jr. Revocable Trust.