Form 4: Adeia Inc. Executive Mark Kokes Reports Stock Transaction
SEC Form 4 Filing
Chief Licensing Officer Mark Kokes reports disposition of Adeia Inc. shares to cover tax obligations.
Summary
- On November 1, 2024, Mark Kokes, Chief Licensing Officer, Media at Adeia Inc., reported a transaction involving the company's common stock.
- A total of 6,246 shares were disposed of at a price of $12.47 per share to satisfy tax withholding obligations related to the release of shares subject to vesting.
- Following the transaction, Kokes directly owns 187,828 shares of Adeia Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a 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 transaction may have a minor impact on shareholders due to the change in ownership, but it is primarily related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of stock transaction |
| 11/04/2024 | Date of signature on the Form 4 filing |
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