Form 4: Accolade CFO Stephen Barnes Reports Stock Transactions
SEC Form 4 Filing
Stephen Barnes, CFO of Accolade, Inc., reports the acquisition and disposition of common stock and restricted stock units.
Summary
- On March 3, 2025, Stephen Barnes, CFO of Accolade, Inc., acquired 1,569 shares of common stock through the vesting of restricted stock units (RSUs) at a price of $0.
- On March 4, 2025, Barnes disposed of 514 shares of common stock at $6.96 per share.
- These transactions were reported on a Form 4 filing with the SEC.
- Following these transactions, Barnes directly owns 303,245 shares of Accolade, Inc. common stock and 23,527 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock transactions by a company executive; it doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| June 1, 2023 | Vesting Commencement Date for RSUs |
| June 27, 2023 | Date RSUs were granted |
| June 1, 2024 | First anniversary of Vesting Commencement Date; one-third of RSUs vest |
| March 3, 2025 | Acquisition of 1,569 shares of common stock through RSU vesting |
| March 4, 2025 | Disposition of 514 shares of common stock at $6.96 per share |
| March 5, 2025 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.