Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HIPO | Common Stock | Disposed to Issuer | -$28.7K | -3.5K | -1.21% | $8.20 | 286K | Dec 19, 2023 | Direct | F1, F2, F3 |
holding | HIPO | Common Stock | 10.3K | Dec 19, 2023 | See Footnote | F4 |
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 | Sales were effected pursuant to a Rule 10b5-1 trading plan dated September 15, 2023. |
F2 | This transaction was executed in multiple trades at prices ranging from $7.98 to $8.35. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
F3 | Includes 111,191 RSUs. |
F4 | Shares are held by Preservation Trust Company, Inc., Trustee of the Desertfish Nevada Trust. |