Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PWSC | Class A Common Stock | Sale | -$171K | -7.65K | -1.52% | $22.35 | 496K | Jun 27, 2024 | Direct | F1 |
transaction | PWSC | Class A Common Stock | Sale | -$48.1K | -2.14K | -0.43% | $22.50 | 494K | Jun 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 | The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of a portion of the restricted stock units granted on 03/25/2022 and 03/27/2023. This sale does not represent a discretionary transaction by the Reporting Person. |
F2 | This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person. |