Shivani Stumpf - 24 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
24 Sep 2024
Net transactions value
-$87,496
Form type
4
Filing time
26 Sep 2024, 12:20:25 UTC
Previous filing
20 Sep 2024
Next filing
03 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWSC Class A Common Stock Sale $39,911 -1,751 -0.62% $22.79 279,577 24 Sep 2024 Direct F1
transaction PWSC Class A Common Stock Sale $47,586 -2,088 -0.75% $22.79 277,489 25 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 vestings and settlements of a portion of the restricted stock units granted on 3/23/2022 and 3/23/2023. 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.