Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AFRM | Class A Common Stock | Sale | -$464K | -7.5K | -6.83% | $61.87 | 102K | Jan 2, 2025 | Direct | F1, F2 |
transaction | AFRM | Class A Common Stock | Sale | -$420K | -6.72K | -6.57% | $62.51 | 95.6K | Jan 2, 2025 | Direct | F1, F3 |
transaction | AFRM | Class A Common Stock | Sale | -$118K | -1.86K | -1.95% | $63.41 | 93.7K | Jan 2, 2025 | Direct | F1, F4 |
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 in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2024. |
F2 | Represents the weighted average sale price of the shares sold from $61.18 to $62.17 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
F3 | Represents the weighted average sale price of the shares sold from $62.18 to $63.17 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
F4 | Represents the weighted average sale price of the shares sold from $63.20 to $63.78 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |