Form 4: Boxlight CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Greg Wiggins, CFO of Boxlight Corp, sold 169 shares of Class A common stock on January 13, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On January 13, 2025, Greg Wiggins, the Chief Financial Officer of Boxlight Corp, sold 169 shares of Class A common stock.
- The sale was executed at a price of $0.41 per share.
- This transaction was to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- Following the transaction, Wiggins beneficially owns 7,806 shares, including 1,837 shares of Class A common stock and 5,969 RSUs subject to vesting conditions.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency when company insiders trade their own company's stock. This filing indicates that the CFO sold shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 01/13/2025 | Date of the stock sale transaction. |
| 01/15/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, BOXL, Boxlight Corp, Greg Wiggins, CFO, Stock Sale, Restricted Stock Units, Tax Withholding
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