Form 4: Aeries Technology CTO Unnikrishnan Nambiar Reports Share Disposal for Tax Obligations
SEC Form 4
Unnikrishnan Nambiar, Chief Technology Officer of Aeries Technology, Inc., reported the disposal of 6,162 Class A Ordinary Shares to cover tax liabilities upon settlement of restricted stock units on February 24, 2025.
Summary
- On February 24, 2025, Unnikrishnan Nambiar, the Chief Technology Officer of Aeries Technology, Inc., disposed of 6,162 Class A Ordinary Shares.
- The shares were withheld by the company to cover tax liability upon the settlement of restricted stock units.
- Following the transaction, Nambiar beneficially owns 654,685 Class A Ordinary Shares, which includes 8,838 Class A ordinary shares and 645,847 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a standard transaction for tax purposes.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of transaction: Disposal of 6,162 Class A Ordinary Shares. |
| 02/26/2025 | Date of signature for the Form 4 filing. |
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