Form 4: BioAtla Director Scott Andrew Smith Reports Tax Withholding Transaction
SEC Form 4 Filing
Director Scott Andrew Smith reports a transaction involving the withholding of BioAtla shares to cover income tax obligations related to vesting restricted stock units.
Summary
- On April 30, 2024, BioAtla Director Scott Andrew Smith had 2,181 shares of common stock withheld by the issuer to satisfy income tax obligations.
- The shares were withheld in connection with the vesting and net settlement of previously reported restricted stock units.
- The price per share for the withholding was $2.26.
- Following the transaction, Smith beneficially owns 290,274 shares of BioAtla common stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and principal stockholders) of publicly traded companies, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of transaction (tax withholding) |
| 05/01/2024 | Date of signature on the report |
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