Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CNK | Common Stock | Sale | -$4.45M | -128K | -62.35% | $34.85 | 77.1K | Dec 6, 2024 | Joint Revocable Trust of Sean Robert Gamble and Luminita Spetcu | F1, F2 |
holding | CNK | Common Stock | 578K | Dec 6, 2024 | 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 |
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F1 | The price reported in Column 4 is the weighted average price. The sale reported on this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2024. |
F2 | This Form 4A is being filed to reflect that the transfer was from the Joint Revocable Trust of Sean Robert Gamble and Luminita Spetcu (the "Trust"). The reporting person and his spouse are co-trustees of the Trust, and the reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains a beneficial owner of the securities held by the Trust. This amendment is being filed to report the transfer to the Trust and to correct the amounts reported as beneficially owned in Column 5 following the previously reported transactions in Table I. |