Form 4: Accolade CFO Acquires Shares Through Employee Stock Purchase Plan

Stephen H. Barnes, CFO of Accolade, Inc., acquired 1,703 shares of common stock through the company's Employee Stock Purchase Plan at a price of $3.16 per share.

Summary

• On March 25, 2025, Stephen H. Barnes, the Chief Financial Officer of Accolade, Inc., acquired 1,703 shares of Accolade's common stock.
• The shares were purchased through the company's 2020 Employee Stock Purchase Plan (ESPP).
• The purchase price was $3.16 per share.
• This price represents 85% of the closing price of Accolade's common stock on November 21, 2024.
• Following this transaction, Barnes directly owns 305,737 shares of Accolade's common stock.
• The transaction is exempt under Rule 16b-3(c).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to an employee stock purchase plan. The CFO's participation is a mildly positive signal, but not significantly impactful.

Positives

• The CFO's participation in the ESPP could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends. However, it does indicate that the company offers an employee stock purchase plan, which is a common practice in the tech industry.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a key executive.

Key Dates

Keywords

Accolade, ACCD, Stephen H. Barnes, CFO, Employee Stock Purchase Plan, ESPP, Form 4, Beneficial Ownership, Securities