Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PSTL | Class A common stock | Purchase | $135K | +10K | +4.82% | $13.50 | 218K | Sep 26, 2023 | By Spodek 2016 Family Trust | F1, F2 |
transaction | PSTL | Class A common stock | Purchase | $132K | +10K | +4.6% | $13.25 | 228K | Sep 27, 2023 | By Spodek 2016 Family Trust | F1, F3 |
holding | PSTL | Class A common stock | 646K | Sep 26, 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 $13.499 to $13.5 per share. |
F3 | Represents the weighted average price of shares purchased in multiple same-day transactions at prices ranging from $13.24 to $13.25 per share. |