Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GTLB | Class A Common Stock | Sale | -$24.7K | -494 | -0.65% | $50.00 | 75.8K | Jun 27, 2024 | Direct | F1 |
transaction | GTLB | Class A Common Stock | Sale | -$21.6K | -444 | -0.59% | $48.61 | 75.3K | Jul 1, 2024 | Direct | F2, 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 | The sales reported on this Form 4 were executed pursuant to a trading plan entered into by the reporting person on June 26, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The old 10b5-1 trading plan expired according to its terms on June 28, 2024. |
F2 | The sales reported on this Form 4 were executed pursuant to a trading plan entered into by the reporting person on March 28, 2024 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The new 10b5-1 trading plan took effect according to its terms on July 1, 2024. |
F3 | Includes shares of Class A Common Stock that have not yet vested. |