Form 4: Accolade Inc. President Reports Stock Transactions
SEC Form 4
Robert N. Cavanaugh, President of Accolade, Inc., reports the acquisition and disposition of common stock and restricted stock units.
Summary
- On March 10, 2025, Robert N. Cavanaugh, President of Accolade, Inc., acquired 710 shares of common stock through the conversion of Restricted Stock Units (RSUs) at a price of $0.
- On March 11, 2025, Cavanaugh disposed of 249 shares of common stock at a price of $6.965 per share.
- These transactions were reported on a Form 4 filing with the SEC.
- Following these transactions, Cavanaugh directly owns 218,369 shares of Accolade, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives holding company stock and RSUs. It provides transparency to investors regarding management's stock ownership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small volume of shares involved.
Key Dates
| Date | Description |
|---|---|
| June 10, 2022 | June 2022 RSU Vesting Commencement Date |
| 03/10/2025 | Conversion of Restricted Stock Units to Common Stock |
| 03/11/2025 | Sale of Common Stock |
| 03/12/2025 | Date of Signature for Form 4 filing |
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