Michael A. Stivala - Jan 2, 2024 Form 4 Insider Report for SUBURBAN PROPANE PARTNERS LP (SPH)

Signature
Bryon Koepke, by power of attorney
Stock symbol
SPH
Transactions as of
Jan 2, 2024
Transactions value $
-$781,425
Form type
4
Date filed
1/3/2024, 04:36 PM
Previous filing
Nov 15, 2023
Next filing
Aug 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPH Common Units (representing limited partnership interests) Sale -$781K -45K -13.5% $17.37 288K Jan 2, 2024 Direct
* 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).