James Conklin - 12 Feb 2024 Form 4 Insider Report for Adient plc (ADNT)

Signature
/s/ Brett L. Eilander, attorney-in-fact for James Conklin
Issuer symbol
ADNT
Transactions as of
12 Feb 2024
Net transactions value
-$122,220
Form type
4
Filing time
13 Feb 2024, 16:15:15 UTC
Previous filing
20 Nov 2023
Next filing
18 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADNT Ordinary Shares Sale $122,220 -3,492 -10% $35.00 31,542 12 Feb 2024 Direct
holding ADNT Ordinary Shares 314 12 Feb 2024 401(k) Savings Plan 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 Shares represented by Company stock fund units under the Company Savings Plan based on information furnished by the Plan Administrator as of February 12, 2024.