Form 4: Bakkt Holdings Executive Charles Goodroe Reports Stock Transaction to Cover Tax Obligations
SEC Form 4 Filing
Charles Goodroe, Chief Accounting Officer of Bakkt Holdings, reports a transaction involving the withholding of Class A Common Stock to cover tax obligations related to vesting RSUs.
Summary
- On September 25, 2023, Bakkt Holdings' Chief Accounting Officer, Charles Goodroe, had 2,425 shares of Class A Common Stock withheld to cover tax obligations related to the vesting of Restricted Stock Units (RSUs).
- The withholding was based on a price of $1.1 per share.
- Following the transaction, Goodroe directly owns 32,789 shares of Class A Common Stock, which includes 24,478 shares subject to vesting.
- This report reflects Goodroe's holdings as of April 11, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It reflects routine tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 09/22/2023 | Date of RSU vesting used to determine the number of shares withheld. |
| 09/25/2023 | Date of the stock transaction (withholding of shares). |
| 04/11/2024 | Date of filing this Form 4. |
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