Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HIPO | Common Stock | Sale | -$194K | -9.4K | -1.72% | $20.66 | 539K | Nov 1, 2024 | See footnote | F1, F2, F3 |
transaction | HIPO | Common Stock | Sale | -$60.7K | -2.85K | -0.53% | $21.29 | 536K | Nov 1, 2024 | See footnote | F1, F3, F4 |
holding | HIPO | Common Stock | 684K | Nov 1, 2024 | Direct |
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 adopted March 11, 2024. |
F2 | This transaction was executed in multiple trades at prices ranging from $20.06 to $21.05. 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 | Shares held by Assaf and Liron Wand 2014 Revocable Trust. |
F4 | This transaction was executed in multiple trades at prices ranging from $21.08 to $22.03. 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. |