Bruce Young - May 14, 2024 Form 4 Insider Report for Concrete Pumping Holdings, Inc. (BBCP)

Signature
/s/ Bruce Young
Stock symbol
BBCP
Transactions as of
May 14, 2024
Transactions value $
-$25,808
Form type
4
Date filed
5/16/2024, 05:04 PM
Previous filing
Apr 17, 2024
Next filing
Aug 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBCP Common Stock Options Exercise $9.19K +10.6K +0.52% $0.87 2.05M May 14, 2024 Direct F1
transaction BBCP Common Stock Sale -$35K -5K -0.24% $7.00 2.04M May 14, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BBCP Option Options Exercise $0 -10.6K -1.49% $0.00 698K May 14, 2024 Common Stock 10.6K $0.87 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 The options were exercised, and a portion of the underlying shares were sold to cover the tax obligation, the exercise price and associated fees, pursuant to a Rule 10b5-1Plan, which was adopted January 15, 2024 and terminated following completion of the transactions disclosed herein.