Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PSTL | Class A common stock | Sale | -$230K | -15.1K | -6.05% | $15.28 | 234K | Jun 7, 2023 | Direct | F1, F2 |
transaction | PSTL | Class A common stock | Sale | -$150K | -9.92K | -4.24% | $15.07 | 224K | Jun 8, 2023 | Direct | F1, F3 |
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 | This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 8, 2023. |
F2 | Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $15.01 to $15.425 per share. |
F3 | Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $14.99 to $15.2 per share. |