Form 4: Accolade Inc. Executive Cavanaugh Reports Stock Transactions
SEC Form 4 Filing
Robert N. Cavanaugh, President of Accolade, Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On February 18, 2025, Robert N. Cavanaugh, President of Accolade, Inc., acquired 510 shares of common stock through the conversion of Restricted Stock Units (RSUs) at a price of $0.
- On February 19, 2025, Cavanaugh disposed of 180 shares of common stock at a price of $6.901 per share.
- These transactions were reported on a Form 4 filing with the SEC.
- Following these transactions, Cavanaugh directly owns 216,889 shares of Accolade, Inc. common stock and 2,041 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by an executive. The sentiment is neutral as it doesn't inherently indicate positive or negative news about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in these transactions as they provide insight into executive sentiment.
- The transactions themselves are unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| June 16, 2021 | June 2021 Vesting Commencement Date for Restricted Stock Units |
| 02/18/2025 | Acquisition of 510 shares of common stock through RSU conversion |
| 02/19/2025 | Sale of 180 shares of common stock at $6.901 per share |
| 02/20/2025 | Date of signature for the Form 4 filing |
Keywords
Accolade Inc., Robert N. Cavanaugh, Form 4, Stock Transaction, Restricted Stock Units, ACCD, Insider Trading
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