Cepton (CPTN) executive McCord sold 10,000 shares for $10.1K at $1.01 under a 10b5-1 plan
Insider transactions reported
Mark McCord (executive at Cepton Inc., CPTN) reported that they sold 10,000 shares for $10.1K at $1.01 on Mar 1, 2023. After these transactions the filing shows 10,389,248 shares held indirectly (See footnote).
- Reporting person
- McCord Mark
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 1, 2023 | Open-market sale (S) | Common Stock1, 2 | -10,000 | $1.01 | $10.1K | 10,389,248 indirect |
Holdings before and after
- Common Stock: 10,399,248 to 10,389,248 indirect, See footnote
Other positions listed
- Common Stock: 43,077 direct
Footnotes from the filing
- 1. Pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 18, 2022, the Reporting Person disposed of 10,000 shares of Common Stock in multiple trades at prices ranging from $1.00 to $1.01 per share. The price reported in Column 4 above reflects the weighted average sale price for the transaction, rounded to the nearest cent. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- 2. The shares of Common Stock are held by the McCord Trust, of which the Reporting Person is a trustee.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
FAQ
What did McCord report in this CPTN Form 4?
Mark McCord (executive at Cepton Inc., CPTN) reported that they sold 10,000 shares for $10.1K at $1.01 on Mar 1, 2023. After these transactions the filing shows 10,389,248 shares held indirectly (See footnote).
How many CPTN shares does McCord hold after this filing?
The filing shows 10,389,248 shares held indirectly (See footnote) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this CPTN insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for CPTN
Earlier insider filings at CPTN
- Feb 24, 2023SEC Form 4: Mccord Mark sold $11,700 worth of shares (10,000 units at $1.17) as part of a pre-agreed trading plan
- Feb 15, 2023SEC Form 4: Pei Jun was granted 71,154 shares
- Feb 10, 2023SEC Form 4: Xu Hull was granted 172,308 shares, increasing direct ownership by 31% to 732,308 units
- Feb 10, 2023SEC Form 4: Pei Jun was granted 196,923 shares, increasing direct ownership by 14% to 1,621,540 units
- Feb 10, 2023SEC Form 4: Mccord Mark was granted 43,077 shares
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Auto Parts:O.E.M.
- Listed since
- 2021
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