Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CW | Common Stock | Sale | -$625K | -2.5K | -13.56% | $250.00* | 15.9K | Mar 22, 2024 | Direct | F1, 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 | Sale was made in accordance with a 10b5-1 plan maintained by Reporting Owner's financial advisor. |
F2 | Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell shares provided the executive remains compliant with guidelines. The Reporting Person is and remains in compliance with the share ownership guidelines with owning more than 3 times his base salary in common stock. |