Surbhi Sarna - 02 Jan 2024 Form 4 Insider Report for Penumbra Inc (PEN)

Role
Director
Signature
/s/ Jee Hamlyn-Harris, as attorney-in-fact for Surbhi Sarna
Issuer symbol
PEN
Transactions as of
02 Jan 2024
Net transactions value
-$21,053
Form type
4
Filing time
04 Jan 2024, 19:36:11 UTC
Previous filing
04 Oct 2023
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEN Common Stock Sale $21,053 -85 -3.6% $247.68 2,295 02 Jan 2024 Direct F1
* 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 sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.