Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HIPO | Common Stock | Sale | -$219K | -8.5K | -1.62% | $25.81 | 515K | Jan 2, 2025 | See footnote | F1, F2, F3 |
transaction | HIPO | Common Stock | Sale | -$99.5K | -3.75K | -0.73% | $26.51 | 511K | Jan 2, 2025 | See footnote | F1, F3, F4 |
holding | HIPO | Common Stock | 684K | Jan 2, 2025 | 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 |
---|---|
F1 | Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 11, 2024. |
F2 | This transaction was executed in multiple trades at prices ranging from $25.35 to $26.33. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
F3 | Shares held by Assaf and Liron Wand 2014 Revocable Trust. |
F4 | This transaction was executed in multiple trades at prices ranging from $26.35 to $26.86. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |