Form 4: Avidxchange Holdings Officer Ryan Stahl Reports Stock Transactions
SEC Form 4
Ryan Stahl, an officer at Avidxchange Holdings, reported the acquisition and disposal of common stock and restricted stock units on February 28, 2025, primarily to cover tax obligations related to vesting.
Summary
- On February 28, 2025, Ryan Stahl, General Counsel and Secretary, Senior Vice President of Avidxchange Holdings, reported transactions involving the company's common stock and restricted stock units.
- Stahl acquired 2,168 and 9,795 shares of common stock through the vesting of restricted stock units.
- He also disposed of 623, 2,810, 2,734, and 12,749 shares of common stock to cover tax withholding obligations related to the vesting of these units.
- The sales were executed at a weighted average price of $7.594 per share, with individual trades ranging from $7.53 to $7.70.
- Following these transactions, Stahl beneficially owns 666,431 shares of common stock.
- He also holds 39,179 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
This filing is a routine disclosure of stock transactions by a company officer, which is common in publicly traded companies. It provides transparency into the trading activities of insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership of the reporting person.
- The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| February 15, 2021 | Vesting commencement date for 34,684 restricted stock units granted on February 19, 2021. |
| February 19, 2021 | Reporting person was granted 34,684 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. |
| February 15, 2022 | Vesting commencement date for 156,716 restricted stock units granted on March 16, 2022. |
| March 16, 2022 | Reporting person was granted 156,716 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. |
| February 28, 2025 | Date of reported transactions: acquisition and disposal of common stock and restricted stock units. |
| March 04, 2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.