Form 4: B. Riley Financial SVP, Chief Accounting Officer Howard Weitzman Reports Tax-Related Share Disposal
SEC Form 4 Filing
Howard Weitzman, SVP, Chief Accounting Officer of B. Riley Financial, Inc., reports disposing of 670 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 15, 2024, Howard Weitzman, SVP, Chief Accounting Officer of B. Riley Financial, Inc., disposed of 670 shares of common stock to cover tax obligations.
- The shares were withheld by the company at a price of $17.56 per share.
- Following the transaction, Weitzman directly owns 69,675 shares of common stock.
- Weitzman also indirectly owns 7,500 shares held by a self-directed 401(k) Plan.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This filing indicates a routine transaction related to tax obligations from vested stock units.
Key Dates
| Date | Description |
|---|---|
| 02/24/2023 | Date of grant for Restricted Stock Units |
| 03/15/2024 | Date of transaction (stock disposal for tax obligations) |
| 03/19/2024 | Date of signature for the Form 4 filing |
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