| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NXGL | Common Stock | Sale | -$9.8K | -3K | -2.12% | $3.27 | 139K | Feb 10, 2025 | Direct | F1, F2 |
| transaction | NXGL | Common Stock | Award | $0 | +2.5K | +1.8% | $0.00 | 141K | Feb 12, 2025 | Direct | F3 |
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 Reporting Person sold these shares pursuant to a Rule 10b5-1 trading plan. The shares were originally purchased by the Reporting Person in the open market on September 16, 2022 and were not purchased in the recent registered direct offerings of the Issuer. |
| F2 | Represents the weighted average of open market sale transactions ranging from $3.2300 to $3.3201 per share. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price sold if requested by the Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer. |
| F3 | The Reporting Person received these shares in consideration of his services as the Chairperson of the Audit Committee of the Board of Directors of the Issuer during the fiscal year 2024 and the shares vest immediately. All such shares are "restricted securities" as such term is defined in the Securities Act of 1933, as amended. |