Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SQ | Class A Common Stock | Sale | -$123K | -1.88K | -0.33% | $65.41 | 575K | Oct 2, 2024 | Direct | F1 |
transaction | SQ | Class A Common Stock | Sale | -$151K | -2.35K | -0.41% | $64.39 | 573K | Oct 3, 2024 | Direct | 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 | 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 sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on November 29, 2023. |