| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CHRD | Common Stock | Tax liability | -$1.58M | -9.4K | -5.05% | $168.27 | 177K | Jan 2, 2024 | Direct | F1 |
| transaction | CHRD | Common Stock | Sale | -$1.02M | -6K | -3.39% | $169.80 | 171K | Jan 4, 2024 | 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 | In connection with the vesting and settlement of performance share units through the issuance of Issuer's common stock, par value $0.01 per share ("Common Stock") pursuant to the Issuer's 2020 Long Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy his tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common stock on January 2, 2024. |
| F2 | The sale reported in this Form 4 was effected pursuant to a rule 10b5-1 trading plan adopted by the Reporting Person on September 14, 2023. |