4/A: Aspira Women's Health Interim CEO Sandra Milligan Reports Stock Transactions
SEC Form 4/A
Interim CEO Sandra Milligan reports the vesting of restricted stock units and subsequent tax withholding, resulting in an adjustment to her holdings of Aspira Women's Health Inc. stock.
Summary
- Sandra Milligan, Interim CEO of Aspira Women's Health Inc., reported transactions involving the company's stock.
- On December 31, 2024, 20,000 restricted stock units (RSUs) vested and were converted into common stock.
- Following the vesting, a portion of the shares (6,356) were withheld for tax purposes on January 8, 2025, at a price of $0.7 per share.
- This amendment corrects the number of shares held after the tax withholding related to the RSU vesting.
- After these transactions, Milligan directly owns 13,644 shares of Aspira Women's Health Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, reflecting changes in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units (RSUs) that vest over time, aligning executive interests with shareholder value.
- Tax withholding upon vesting of RSUs is a standard practice.
- Similar filings are routinely made by executives at comparable healthcare companies such as Exact Sciences or Hologic.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership.
- The transactions have a minimal direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| October 28, 2024 | Reporting person was granted 20,000 RSUs. |
| December 31, 2024 | 20,000 RSUs vested and converted into common stock. |
| January 8, 2025 | Tax withholding of 6,356 shares at $0.7 per share. |
| January 29, 2025 | Date of Form 4/A filing. |
Keywords
Aspira Women's Health Inc., Sandra Milligan, Interim CEO, Stock Transactions, Restricted Stock Units, RSUs, Vesting, Tax Withholding, Form 4, Beneficial Ownership
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