Form 4: Accolade CFO Stephen Barnes Reports Stock Transactions
SEC Form 4 Filing
Stephen Barnes, CFO of Accolade, Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- Stephen Barnes, the Chief Financial Officer of Accolade, Inc., filed a Form 4 with the SEC.
- The report details transactions involving Accolade's common stock and restricted stock units (RSUs).
- On November 1, 2024, 1,569 shares were acquired through the conversion of RSUs.
- On November 4, 2024, 458 shares were disposed of at a price of $3.149 per share.
- Following these transactions, Barnes directly owns 204,452 shares of Accolade common stock and 29,801 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CFO's holdings, but the impact is likely insignificant.
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 |
| November 1, 2024 | Conversion of 1,569 RSUs into common stock |
| November 4, 2024 | Sale of 458 shares at $3.149 per share |
| November 5, 2024 | Date of signature for the Form 4 filing |
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