Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RDDT | Class A Common Stock | Award | $0 | +3.08K | +4.32% | $0.00 | 74.2K | May 30, 2024 | Direct | F1 |
transaction | RDDT | Class A Common Stock | Sale | -$480K | -8K | -10.78% | $60.00 | 66.2K | Aug 27, 2024 | Direct | F2 |
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 | These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock. 1/4th of the RSUs shall vest on each of August 20, 2024, November 20, 2024, February 20, 2025, and May 20, 2025, subject to the Reporting Person continuing to be a service provider through each such date. |
F2 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2024. |