Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STEP | Class A Common Stock | Sale | -$17.9K | -576 | -0.64% | $31.01 | 90K | Aug 31, 2023 | Direct | F1 |
transaction | STEP | Class A Common Stock | Sale | -$491K | -15.8K | -17.59% | $31.04 | 74.2K | Sep 1, 2023 | Direct | F2 |
transaction | STEP | Class A Common Stock | Sale | -$112K | -3.6K | -4.85% | $31.03 | 70.6K | Sep 5, 2023 | Direct | F3 |
holding | STEP | Class B Common Stock | 781K | Aug 31, 2023 | Direct |
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 | This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $31.00 to $31.05. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
F2 | This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $31.00 to $31.35. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
F3 | This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $30.39 to $31.05. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
President, Co-Chief Operating Officer and Member of 13D group that owns more than 10%