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 36,340 shares of common stock on February 26, 2024, to cover tax withholding obligations.
Summary
- On February 26, 2024, Paul Taylor Edmondson, President of Platform at Arena Group Holdings, forfeited 36,340 shares of common stock.
- The forfeiture was due to tax withholding requirements.
- Following the transaction, Edmondson directly owns 97,046 shares of Arena Group Holdings.
- The price per share for the transaction was $1.8.
Sentiment
Score: 5
Explanation: The document is a neutral report of a routine transaction (share forfeiture for tax purposes). It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It is a routine part of corporate governance and transparency.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of the transaction (share forfeiture) |
| 02/28/2024 | Date of signature on the Form 4 |
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