| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IP | Common Stock | Sale | -$27.1K | -600 | -1.36% | $45.11 | 43.4K | Jun 14, 2024 | Direct | F1, F2, 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 reported sale of 600 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2023. |
| F2 | Share numbers rounded. |
| F3 | The total amount beneficially owned has been adjusted to (i) reduce the reporting person's holdings by 1,866 shares and (ii) reflect previously credited dividend equivalents acquired on June 14, 2024. Effective for the 2024-2025 service year, the reporting person elected to receive 100 percent of her cash retainer in cash, from previously receiving 50% into shares of restricted stock. Due to an administrative error, the Company did not reflect her new election in the 2024-2025 service year grant. Dividend equivalents are acquired pursuant to a dividend investment feature of the Company's Long-Term Incentive Plan. Dividends vest at the same time as the award to which they relate. |
Power of Attorney on file.