Form 4: BigBear.ai General Counsel Carolyn Blankenship Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Carolyn Blankenship, General Counsel and Secretary of BigBear.ai Holdings, Inc., reports changes in beneficial ownership of common stock due to tax withholding and employee stock purchase plan acquisitions.

Summary

  • On March 31, 2024, Carolyn Blankenship had 1,410 shares withheld to satisfy tax obligations at a price of $2.05.
  • On June 30, 2024, 1,411 shares were withheld to satisfy tax obligations at a price of $1.49.
  • Blankenship acquired 5,000 shares under the BigBear.ai Employee Stock Purchase Plan on May 31, 2024.
  • Following these transactions, Blankenship beneficially owns 556,475 shares of BigBear.ai Holdings, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing primarily reports routine transactions related to tax withholding and employee stock purchase plan participation. The ESPP participation is a slightly positive sign.

Positives

  • The acquisition of 5,000 shares through the Employee Stock Purchase Plan indicates confidence in the company's future.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company executives.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • Employees participating in the Employee Stock Purchase Plan are impacted by the share acquisitions.

Key Dates

DateDescription
03/31/2024Shares withheld to satisfy tax withholding obligations.
05/31/2024Shares acquired under the BigBear.ai Holdings, Inc. Employee Stock Purchase Plan.
06/30/2024Shares withheld to satisfy tax withholding obligations.
07/02/2024Date of signature for the Form 4 filing.

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