Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSW | Common Stock | Sale | -$101K | -2K | -1.27% | $50.30 | 155K | Sep 16, 2024 | Direct | F1 |
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 |
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F1 | The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 10, 2024. The transactions were executed in multiple trades at prices ranging from $49.8100 to $50.6000. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request full information regarding the number of shares and prices at which the transaction was effected to the SEC staff, the issuer or the security holder of the issuer. |