Carsten Falk - Dec 26, 2023 Form 4 Insider Report for Quality Industrial Corp. (QIND)

Signature
/s/ Carsten Falk
Stock symbol
QIND
Transactions as of
Dec 26, 2023
Transactions value $
-$2,952
Form type
4
Date filed
12/29/2023, 04:01 PM
Previous filing
Sep 19, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QIND Common Stock Disposed to Issuer -$1.15K -9.24K -0.17% $0.13 5.49M Dec 26, 2023 Direct F1
transaction QIND Common Stock Disposed to Issuer -$1.8K -15K -0.27% $0.12 5.48M Dec 27, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day.