George Devlin - 01 Aug 2023 Form 4 Insider Report for AYRO, Inc. (AYRO)

Role: Director
Signature: /s/ George Devlin
Issuer symbol: AYRO
Transactions as of: 01 Aug 2023
Net transaction value: -$5,930
Form type: 4
Filing time: 03 Aug 2023, 20:02:05 UTC
Previous filing: 05 May 2023
Next filing: 02 Dec 2024
SEC filing: View on sec.gov

Key filing fact

George Devlin filed Form 4 for AYRO, Inc. (AYRO) on 03 Aug 2023.

Key facts

This page summarizes George Devlin's Form 4 filing for AYRO, Inc. (AYRO).
1 reported transaction and 0 derivative rows are listed below.
Filing timestamp: 03 Aug 2023, 20:02.

Change

Previous filing in this sequence was filed on 05 May 2023.
Current net transaction value: -$5,930.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported transactions

AYRO transaction

Common Stock

Sale

Transaction value: $5,930
Shares: -7,274
Change %: -3.3%
Price: $0.8153
Shares after: 216,125
Date: 01 Aug 2023
Ownership: Direct
Footnotes: F1

^* indicates a reported price that failed the local validity check.

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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.8100 to $0.8450, inclusive. The reporting person undertakes to provide to AYRO, Inc., any security holder of AYRO, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. Represents a broker-assisted sale of shares subject to a 10b5(1) trading plan adopted by the reporting person on February 16, 2023 to pay taxes upon the vesting of an award.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.8100 to $0.8450, inclusive. The reporting person undertakes to provide to AYRO, Inc., any security holder of AYRO, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. Represents a broker-assisted sale of shares subject to a 10b5(1) trading plan adopted by the reporting person on February 16, 2023 to pay taxes upon the vesting of an award.