Shivani Stumpf - 18 Sep 2024 Form 4 Insider Report for POWERSCHOOL HOLDINGS, INC.

Role
CPO
Signature
/s/ Eric Shander, by Power of Attorney
Issuer symbol
N/A
Transactions as of
18 Sep 2024
Net transactions value
-$64,716
Form type
4
Filing time
20 Sep 2024, 12:04:19 UTC
Previous filing
28 Jun 2024
Next filing
26 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWSC Class A Common Stock Sale $29,514 -1,296 -0.46% $22.77 282,874 18 Sep 2024 Direct F1
transaction PWSC Class A Common Stock Sale $35,202 -1,546 -0.55% $22.77 281,328 19 Sep 2024 Direct F2
* 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).

Explanation of Responses:

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 09/15/2021. 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.