Form 4: Akoya Biosciences Executive Niro Ramachandran Reports Tax-Related Stock Disposal
SEC Form 4
Niro Ramachandran, Chief Business Officer of Akoya Biosciences, reports the disposal of shares to cover taxes related to a restricted stock unit award.
Summary
- On March 23, 2024, Niro Ramachandran, the Chief Business Officer of Akoya Biosciences, Inc., disposed of 2,006 shares of common stock to cover taxes.
- The shares were withheld at a price of $4.79 per share.
- Following the transaction, Ramachandran directly owns 207,924 shares of Akoya Biosciences.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations arising from equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/23/2022 | Date of the restricted stock unit award that vests in four annual equal installments. |
| 03/23/2023 | First vesting date of the restricted stock unit award. |
| 03/23/2024 | Date of the transaction where shares were disposed of to cover taxes. |
| 03/25/2024 | Date of signature for the Form 4 filing. |
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