Blend Stanley bought SST

March 15, 2024 · Form 4 insider transaction

Blend Stanley bought 11,368 shares of System1, Inc. at $1.42 per share, a transaction worth $16.1K. The trade was recorded as open-market purchase under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Acquired (buy-side)
Shares
11,368
Price
$1.42
Total value
$16.1K
Role
SecurityClass A Common Stock
Transaction codeP: Open-market purchase
Transaction dateMarch 15, 2024
Filing dateMarch 19, 2024
Shares owned after6,624,970
OwnershipIndirect
10b5-1 planYes
AmendedNo

Footnotes

The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.; The price reported in Column 4 is the weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.41 and $1.42 per share. The Reporting Person(s) undertake(s) to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.; Includes 365 shares received in connection with pro-rata distributions from OpenMail2, LLC to its members, for no consideration and in an exempt transaction under Rule 16a-9, since the Reporting Person's last reportable transaction filed on Form 4.; Reflects securities held by the Lone Star Friends Trust ("Lone Star"). Mr. Blend is the Trustee of Lone Star, with sole voting and dispositive power over the assets of Lone Star.

View the original Form 4 on SEC EDGAR