| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AXSM | Common Stock | Sale | -$395K | -5.25K | -20.91% | $75.21 | 19.8K | May 28, 2024 | Direct | F1, F2, F3 |
| transaction | AXSM | Common Stock | Sale | -$394K | -5.25K | -26.44% | $75.14 | 14.6K | May 29, 2024 | Direct | F1, F2, F4 |
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 | Such transaction was pursuant to a pre-approved 10b5-1 plan. |
| F2 | Represents the sale of underlying shares of previously exercised stock options. |
| F3 | Represents the weighted average sale price of a series of open market transactions with sale prices ranging between $75.00 and $75.88. |
| F4 | Represents the weighted average sale price of a series of open market transactions with sale prices ranging between $75.00 and $75.90. |