| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SQ | Class A Common Stock | Sale | -$329K | -4.17K | -2.11% | $78.84 | 193K | Apr 2, 2024 | Direct | F1, F2 |
| transaction | SQ | Class A Common Stock | Sale | -$297K | -3.79K | -1.96% | $78.41 | 189K | Apr 3, 2024 | Direct | F3 |
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 | Represents the number of shares automatically sold to satisfy the Issuer's income tax withholding and remittance obligations in connection with the vesting of restricted stock units. |
| F2 | The number of shares beneficially owned following the reported transaction is as of April 2, 2024 and reflects a correction to the total number of shares as a result of a sale of shares that was previously underreported due to administrative error. |
| F3 | The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted August 17, 2023. |