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 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2023. |
| F2 | Shares held of record by the reporting person, manager of Olivan D LLC. |
| F3 | Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC. |
| F4 | Shares held of record by the reporting person's spouse, manager of Reinhold D LLC. |