Form 4: AudDia Inc. Executive Chairman, Jeffrey Thramann, Reports Stock Transactions
SEC Form 4
Jeffrey Thramann, Executive Chairman of AudDia Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 16, 2025, Jeffrey Thramann, the Executive Chairman of AudDia Inc., reported transactions involving AudDia Inc. common stock.
- Thramann vested 2,000 restricted stock units, each representing a contingent right to receive one share of AUUD common stock.
- 690 shares were withheld by the issuer to satisfy tax withholding obligations at a price of $0.51 per share.
- Following these transactions, Thramann directly owns 79,146 shares of AudDia Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/16/2022 | Reporting person was granted 6,000 restricted stock units, vesting in three equal installments on February 16, 2023, 2024 and 2025. |
| 02/27/2024 | Company's 1/25 reverse stock split effective. |
| 02/16/2025 | Date of earliest transaction: vesting of restricted stock units and tax withholding. |
| 02/19/2025 | Date of signature on the Form 4. |
Keywords
Form 4, Beneficial Ownership, AUDDIA INC., AUUD, Jeffrey Thramann, Restricted Stock Units, Tax Withholding, Executive Chairman, Stock Transaction
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