Form 4: AudioEye CFO Kelly Georgevich Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Kelly Georgevich, CFO of AudioEye, Inc., disposed of 1,977 shares of common stock on December 31, 2024, to cover withholding taxes upon the vesting of restricted stock units.
Summary
- On December 31, 2024, Kelly Georgevich, the Chief Financial Officer of AudioEye, Inc., disposed of 1,977 shares of common stock.
- The transaction was executed to cover withholding taxes related to the vesting of restricted stock units.
- The price per share was $15.21.
- Following the transaction, Georgevich directly owns 96,504 shares of AudioEye, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard practice of covering tax obligations related to vested equity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the stock disposal transaction. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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