Form 4: Accolade Inc. Executive Cavanaugh Reports Stock Transactions

Sentiment:

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

DateDescription
June 16, 2021June 2021 Vesting Commencement Date for Restricted Stock Units
02/18/2025Acquisition of 510 shares of common stock through RSU conversion
02/19/2025Sale of 180 shares of common stock at $6.901 per share
02/20/2025Date of signature for the Form 4 filing

Keywords

Accolade Inc., Robert N. Cavanaugh, Form 4, Stock Transaction, Restricted Stock Units, ACCD, Insider Trading

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.