Form 4: Accolade Inc. Executive Colin McHugh Reports Stock Transactions
SEC Form 4 Filing
Colin McHugh, Chief Accounting Officer of Accolade, Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On January 2, 2025, Colin McHugh, Chief Accounting Officer of Accolade, Inc., executed transactions involving common stock and restricted stock units (RSUs).
- McHugh converted 145 RSUs into common stock and another 1,389 RSUs into common stock.
- He also sold 524 shares of common stock on January 3, 2025, at a price of $3.407 per share.
- Following these transactions, McHugh directly owns 62,066 shares of common stock and 23,612 RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| June 1, 2021 | June 2021 Vesting Commencement Date for some of the RSUs. |
| June 26, 2023 | Date RSUs were granted with a vesting commencement date of June 1, 2023. |
| January 2, 2025 | Date of RSU conversions into common stock. |
| January 3, 2025 | Date of common stock sale. |
| January 6, 2025 | Date of signature on the Form 4 filing. |
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