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 transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 14, 2023. |
F2 | The price range for sales of these shares was between $97.385 and $98.34 per share. Upon appropriate request, the reporting person will provide full information regarding the number of shares sold at each separate price. |
F3 | The price range for sales of these shares was between $98.49 and $99.00 per share. Upon appropriate request, the reporting person will provide full information regarding the number of shares sold at each separate price. |