Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DIBS | Common Stock | Sale | -$26.7K | -5.42K | -18.13% | $4.92 | 24.5K | Jun 17, 2024 | Direct | F1 |
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 | The sales reported on this Form 4 were previously reported in a timely manner and had been described as effected pursuant to a Rule 10b5-1 trading plan, adopted September 15, 2023. The sales of some of the shares were effected pursuant to a Rule 10b5-1 trading plan, adopted September 15, 2023, and also incorporated the non-discretionary sales of shares that were not part of such Rule 10b5-1 trading plan that had been inadvertently executed by the broker in accordance with plan directions. All other information regarding the sales was accurately reported. |