Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GTLB | Class A Common Stock | Sale | -$174K | -3.5K | -2.2% | $49.75 | 155K | Jul 15, 2024 | Direct | F1 |
transaction | GTLB | Class A Common Stock | Sale | -$249K | -4.43K | -2.85% | $56.25 | 151K | Jul 17, 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 | The sales reported on this Form 4 were executed pursuant to a trading plan entered into by the reporting person on March 26, 2024 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. |
F2 | Includes shares of Class A Common Stock that have not yet vested. |