Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PSTL | Class A common stock | Purchase | $116K | +8K | +4.78% | $14.50 | 176K | Aug 16, 2023 | By Spodek 2016 Family Trust | F1, F2 |
transaction | PSTL | Class A common stock | Purchase | $28.9K | +2K | +1.14% | $14.48 | 178K | Aug 18, 2023 | By Spodek 2016 Family Trust | F1 |
holding | PSTL | Class A common stock | 646K | Aug 16, 2023 | 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 | This purchase was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 11, 2023. |
F2 | Represents the weighted average price of shares purchased in multiple same-day transactions at prices ranging from $14.46 to $14.5 per share. |