| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AI | Class A Common Stock | Sale | -$37.2K | -2.1K | -0.61% | $17.74 | 339K | May 1, 2023 | Direct | F1, F2 |
| transaction | AI | Class A Common Stock | Sale | -$43.2K | -2.34K | -0.69% | $18.45 | 337K | May 1, 2023 | Direct | 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 | Shares sold to cover tax obligation from settlement of vested Restricted Stock Units. |
| F2 | The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan dated June 29, 2022. |
| F3 | Represents weighted average sales price. The shares were sold at prices ranging from $18.44 to $18.45. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. |