Form 4: Accolade Director Jeffrey Brodsky Reports Stock Transactions
SEC Form 4 Filing
Director Jeffrey Brodsky of Accolade, Inc. reports the conversion of Restricted Stock Units (RSUs) into common stock on August 6, 2024.
Summary
- On August 6, 2024, Jeffrey S. Brodsky, a director of Accolade, Inc., reported a transaction involving the conversion of 9,196 Restricted Stock Units (RSUs) into common stock.
- These RSUs converted into 9,196 shares of Accolade's common stock.
- Following the reported transaction, Brodsky's beneficial ownership includes 40,274 shares.
- The RSUs vest on the earlier of the next annual meeting of Accolade's stockholders or August 8, 2024, subject to continued service as a director.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and it doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of transaction: Conversion of Restricted Stock Units into common stock. |
| 08/08/2024 | Date of RSU vesting (or earlier annual meeting date), subject to continued service as a director. |
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