Elliot Noss - Sep 23, 2024 Form 4 Insider Report for TUCOWS INC /PA/ (TCX)

Signature
/s/ Elliot Noss
Stock symbol
TCX
Transactions as of
Sep 23, 2024
Transactions value $
-$28,902
Form type
4
Date filed
9/25/2024, 04:56 PM
Previous filing
Sep 23, 2024
Next filing
Sep 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCX Common Stock Sale -$8.57K -400 -0.08% $21.43 503K Sep 23, 2024 Direct F1, F2
transaction TCX Common Stock Sale -$20.3K -1K -0.2% $20.33 502K Sep 25, 2024 Direct F1, F3
holding TCX Common Stock 115K Sep 23, 2024 Per EN RRSP
holding TCX Common Stock 1.64K Sep 23, 2024 Per EN TFSA
holding TCX Common Stock 6K Sep 23, 2024 Per EN US Retirement Savings Account
holding TCX Common Stock 2.47K Sep 23, 2024 By spouse F4
* 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 transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2023, at least ninety days prior to the trading date.
F2 These shares were sold in two transactions at the price of $21.43. The reporting person will provide to the Commission, the Issuer, and any stockholder, upon request, full information regarding the number of shares purchased or sold at each separate price.
F3 These shares were sold in multiple transactions at prices ranging from $20.28 to $20.39. The reporting person will provide to the Commission, the Issuer, and any stockholder, upon request, full information regarding the number of shares purchased or sold at each separate price.
F4 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.