Form 4: Accolade Inc. Director Jeffrey Jordan Reports Share Transactions
SEC Form 4 Filing
Jeffrey Jordan, a director at Accolade, Inc., reported the conversion of Restricted Stock Units (RSUs) into common stock and disclaims beneficial ownership of shares held by Andreessen Horowitz Entities except to the extent of his pecuniary interest.
Summary
- On August 6, 2024, Jeffrey Jordan, a director of Accolade, Inc., reported transactions involving the company's common stock.
- He converted 9,196 Restricted Stock Units (RSUs) into 9,196 shares of common stock.
- Jordan also disclaimed beneficial ownership of 3,779,620 shares held by AH Parallel Fund IV, L.P. and 1,619,088 shares held by Andreessen Horowitz Fund IV, L.P., except to the extent of his pecuniary interest.
- The RSUs converted into common stock on August 6, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to insider transactions and beneficial ownership, which is common for publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of transaction: conversion of Restricted Stock Units into common stock. |
| 08/08/2024 | Date of signature of the report. |
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