Form 4: Blink Charging Executive Aviv Hillo Disposes of Shares to Cover Tax Obligations
SEC Form 4
Aviv Hillo, General Counsel & EVP M&A at Blink Charging Co., disposed of 1,036 shares of common stock on March 28, 2024, to satisfy tax withholding obligations.
Summary
- On March 28, 2024, Aviv Hillo, the General Counsel & EVP M&A of Blink Charging Co., disposed of 1,036 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock.
- The shares were sold at a price of $2.92 per share.
- Following the transaction, Aviv Hillo directly owns 122,452 shares of Blink Charging Co.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, and doesn't necessarily indicate positive or negative sentiment towards the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is a standard practice to cover tax obligations upon vesting of restricted stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Aviv Hillo disposed of 1,036 shares of common stock. |
| 04/01/2024 | Date of signature on the Form 4 filing. |
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