Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SQ | Class A Common Stock | Sale | -$214K | -3.34K | -1.2% | $63.98 | 274K | Jul 2, 2024 | Direct | F1, 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 sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted August 17, 2023. |
F2 | The original Form 4, filed July 5, 2024, is amended to correct an administrative error, which underreported by 36 shares the number of shares sold. The number of shares beneficially owned by the Reporting Person as reported in Form 4 filings made after July 5, 2024 through the date of this amended Form 4 also reflected the shortfall of 36 shares sold. |
F3 | The number of shares beneficially owned following the reported transaction is as of July 2, 2024. |