| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GCMG | Class A Common Stock | Sale | -$219K | -25K | -32.05% | $8.76 | 53K | Dec 20, 2023 | Direct | F1 |
| transaction | GCMG | Class A Common Stock | Sale | -$220K | -25K | -47.16% | $8.81 | 28K | Dec 21, 2023 | Direct | F2 |
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 | These shares were sold pursuant to a Rule 10b5-1 trading plan in multiple transactions at prices ranging from $8.7100 to $8.8250, inclusive. The price reported in Column 4 is a weighted average price. |
| F2 | These shares were sold pursuant to a Rule 10b5-1 trading plan in multiple transactions at prices ranging from $8.7300 to $8.9000, inclusive. The price reported in Column 4 is a weighted average price. |
The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.