Form 4: 1stdibs.com General Counsel Melanie Goins Reports Stock Transactions
SEC Form 4 Filing
Melanie Goins, General Counsel of 1stdibs.com, Inc., reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On March 8, 2024, Melanie Goins, the General Counsel of 1stdibs.com, Inc., reported transactions involving common stock and restricted stock units (RSUs).
- Goins acquired 16,830 shares of common stock through the vesting of RSUs.
- A total of 4,942 shares were withheld by 1stdibs to cover tax obligations related to the vesting of these RSUs at a price of $5.25 per share.
- Following these transactions, Goins directly owns 76,689 shares of common stock and holds 124,063 RSUs.
- The RSUs vest in quarterly installments, contingent upon continued service with the issuer.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The vesting schedules and tax withholding practices described are typical for RSU grants.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider activity.
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/15/2022 | Date of grant of restricted stock units that vest in quarterly installments. |
| 06/08/2022 | Start date for quarterly vesting of some restricted stock units. |
| 03/14/2023 | Date of grant of restricted stock units that vest in quarterly installments. |
| 06/08/2023 | Start date for quarterly vesting of some restricted stock units. |
| 03/08/2024 | Date of the reported transactions: RSU vesting and tax withholding. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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