AGGIA FZ LLC - 14 Jul 2023 Form 4 Insider Report for Muscle Maker, Inc. (SDOT)

Role
10%+ Owner
Signature
/s/ Benjamin Petel, Delegated Director
Issuer symbol
SDOT
Transactions as of
14 Jul 2023
Net transactions value
+$27,629,010
Form type
4
Filing time
18 Jul 2023, 14:47:31 UTC
Previous filing
31 May 2023
Next filing
22 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDOT Common Stock Purchase $27,629,010 +8,855,452 +244% $3.12 12,492,069 14 Jul 2023 Direct
* 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).