Form 4: Arena Group Holdings Executive Forfeits Shares for Tax Withholding
SEC Form 4 Filing
Paul Taylor Edmondson, President of Platform at Arena Group Holdings, forfeited 781 shares of common stock on January 30, 2025, to cover tax withholding obligations.
Summary
- On January 30, 2025, Paul Taylor Edmondson, the President of Platform at Arena Group Holdings, forfeited 781 shares of common stock.
- The shares were forfeited to satisfy tax withholding requirements.
- The transaction was executed at a price of $1.26 per share.
- Following the transaction, Edmondson directly owns 6,444 shares of Arena Group Holdings common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (tax withholding) and has no inherent positive or negative implications for the company's overall outlook.
Industry Context
This is a routine Form 4 filing related to insider transactions. It is common for executives to forfeit shares to cover tax obligations related to stock awards or vesting.
Key Dates
| Date | Description |
|---|---|
| 01/30/2025 | Date of the transaction (share forfeiture) |
| 02/03/2025 | Date of signature on the Form 4 filing |
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