Form 4: Accolade Inc. Director Michael W. Hilton Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Michael W. Hilton reports a transaction involving Accolade, Inc. common stock and Restricted Stock Units (RSUs).
Summary
- On October 10, 2024, Michael W. Hilton, a director of Accolade, Inc., reported a transaction involving common stock and Restricted Stock Units (RSUs).
- 183 shares of common stock were acquired through the conversion of RSUs.
- Following the transaction, Hilton directly owns 149,584 shares of common stock and indirectly owns 195,042 shares through the Hilton Family Trust.
- Hilton also directly owns 1,468 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.
Industry Context
This 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 ownership by a director.
Key Dates
| Date | Description |
|---|---|
| June 10, 2022 | June 2022 RSU Vesting Commencement Date |
| 10/10/2024 | Date of transaction involving common stock and RSUs |
| 10/15/2024 | Date of signature for the report |
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