Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PATH | Class A Common Stock | Tax liability | -$1.21M | -95.2K | -9.53% | $12.71 | 904K | Jan 2, 2025 | Direct | F1 |
transaction | PATH | Class A Common Stock | Sale | -$617K | -47.2K | -5.23% | $13.06 | 857K | Jan 3, 2025 | Direct | F2, F3 |
holding | PATH | Class A Common Stock | 505 | Jan 2, 2025 | By Trust |
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 | Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units (RSUs). |
F2 | These shares were sold in compliance with a qualified selling plan adopted by the Reporting Person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended. |
F3 | The range of prices for the transactions reported was from $12.7900 to $13.2650. The Reporting Person will provide, upon request by the Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price. |