Form 4: AudDia Inc. Director Stephen Deitsch Reports Stock Transactions
SEC Form 4
Director Stephen Deitsch reports the disposition of common stock and restricted stock units of AudDia Inc. on February 16, 2025.
Summary
- On February 16, 2025, Stephen Deitsch, a director of AudDia Inc., reported transactions involving the company's stock.
- Deitsch disposed of 915 shares of common stock related to the vesting of restricted stock units.
- Additionally, 275 shares were disposed of to cover tax withholding obligations at a price of $0.51 per share.
- Following these transactions, Deitsch directly owns 2,836 shares of AudDia Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key individual within AudDia Inc.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| August 11, 2021 | Reporting person was granted 3,660 restricted stock units (adjusted for reverse stock split). |
| February 16, 2022 | First vesting date of restricted stock units. |
| February 27, 2024 | Company's 1/25 reverse stock split effective date. |
| February 16, 2025 | Date of reported transactions: disposition of common stock and restricted stock units. |
| February 19, 2025 | Date of signature on the Form 4. |
Keywords
Form 4, Beneficial Ownership, AUDDIA INC., AUUD, Stephen Deitsch, Director, Restricted Stock Units, Stock Transactions
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