Jerome J. Dorlack - Dec 15, 2023 Form 4 Insider Report for Adient plc (ADNT)

Signature
/s/ Brett L. Eilander, Attorney-in-fact for Jerome J. Dorlack
Stock symbol
ADNT
Transactions as of
Dec 15, 2023
Transactions value $
-$632,736
Form type
4
Date filed
12/19/2023, 04:15 PM
Previous filing
Dec 4, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADNT Ordinary Shares Sale -$633K -17.9K -9% $35.38 181K Dec 15, 2023 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 The price represents the weighted average price of the multiple transactions reported on this line. The shares were sold at prices ranging from $35.09 to $36.08. Upon request by the SEC staff, the issuer or any securityholder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.