Form 4: Bakkt Holdings CFO Karen Alexander Reports Stock Transaction
SEC Form 4 Filing
Karen Alexander, CFO of Bakkt Holdings, reports the withholding of Class A Common Stock to cover tax obligations related to vesting restricted stock units.
Summary
- On February 5, 2025, Karen Alexander, CFO of Bakkt Holdings, reported a transaction involving Class A Common Stock.
- The transaction involved the withholding of 173 shares of Class A Common Stock at a price of $17.56 to cover tax obligations related to the vesting of restricted stock units.
- Following the transaction, Alexander beneficially owns 39,464 shares of Class A Common Stock, including 32,180 shares subject to vesting.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction related to tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Vesting of restricted stock units |
| 01/31/2025 | Closing price per share of Class A Common Stock used to determine the number of shares withheld |
| 02/05/2025 | Date of the reported transaction |
| 02/07/2025 | Date of signature on the Form 4 |
Keywords
Bakkt Holdings, Karen Alexander, CFO, Class A Common Stock, Stock Transaction, Form 4, SEC, Restricted Stock Units, Tax Withholding
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