Michael Bruen - Aug 5, 2024 Form 4 Insider Report for Bowman Consulting Group Ltd. (BWMN)

Role
President, Director
Signature
/s/ Michael Bruen by Robert A. Hickey with Power of Attorney
Stock symbol
BWMN
Transactions as of
Aug 5, 2024
Transactions value $
-$156,450
Form type
4
Date filed
8/7/2024, 05:41 PM
Previous filing
Jul 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWMN Common Stock Sale -$156K -5K -1.31% $31.29 376K Aug 5, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 Reflects shares sold under a Rule 10b5-1 trading plan adopted November 21, 2023. The plan provides for (i) the sale of up to 30,000 shares of the Company's common stock from March 2024 through August 2024 and (ii) gifting of up to 10,000 shares of the Company's common stock from March 2024 through August 2024 pursuant to the terms of the plan.