| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RDDT | Class B Common Stock | Conversion of derivative security | $0 | -7.5K | -0.22% | $0.00 | 3.46M | Mar 31, 2025 | Class A Common Stock | 7.5K | By The XYZ Revocable Trust | F10 |
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 | In connection with a sale by the Reporting Person, the reported shares of Class B Common Stock automatically converted into an equal number of shares of Class A Common Stock of the Issuer and were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on May 21, 2024. |
| F2 | The sales were executed in multiple trades at prices ranging from $98.13 to $99.05. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (2) to (9) to this Form 4. |
| F3 | The sales were executed in multiple trades at prices ranging from $99.40 to $100.34. |
| F4 | The sales were executed in multiple trades at prices ranging from $100.45 to $101.44. |
| F5 | The sales were executed in multiple trades at prices ranging from $101.47 to $102.41. |
| F6 | The sales were executed in multiple trades at prices ranging from $102.48 to $103.43. |
| F7 | The sales were executed in multiple trades at prices ranging from $103.55 to $104.54. |
| F8 | The sales were executed in multiple trades at prices ranging from $104.55 to $105.50. |
| F9 | The sales were executed in multiple trades at prices ranging from $105.64 to $106.04. |
| F10 | The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. |