Form 4: Accolade Inc. Executive Richard Eskew Reports Stock Transactions
SEC Form 4
Richard Eskew, EVP General Counsel at Accolade, Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- Richard Eskew, the EVP General Counsel of Accolade, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On October 1, 2024, Eskew converted 389 and 757 restricted stock units (RSUs) into common stock.
- Following these transactions, Eskew directly owns 52,040 shares of common stock.
- On October 2, 2024, Eskew disposed of 334 shares of common stock at a price of $3.704 per share.
- This sale was to cover tax withholding obligations related to the vesting and settlement of RSUs.
- After the sale, Eskew directly owns 51,706 shares of common stock.
- Eskew also holds 3,110 and 15,145 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| June 1, 2021 | June 2021 Vesting Commencement Date for some of the restricted stock units. |
| June 1, 2023 | Vesting commencement date for RSUs granted on June 27, 2023. |
| June 27, 2023 | Date RSUs were granted with a vesting commencement date of June 1, 2023. |
| October 1, 2024 | Conversion of 389 and 757 restricted stock units into common stock. |
| October 2, 2024 | Sale of 334 shares of common stock at $3.704 per share. |
| October 3, 2024 | Date of signature on the Form 4 filing. |
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