Form 4: Brand Engagement Network Inc. Executive Paul Wonki Chang Reports Stock Grant and Disposal
SEC Form 4 Filing
Paul Wonki Chang, Global President of Brand Engagement Network Inc., reports the acquisition of 531,915 shares of restricted stock and the disposal of 901,952 shares on May 13, 2024.
Summary
- On May 13, 2024, Paul Wonki Chang, Global President of Brand Engagement Network Inc., acquired 531,915 shares of common stock.
- These shares were granted as restricted stock under the company's 2024 Long-Term Incentive Plan and fully vested on the same day.
- Mr. Chang also disposed of 901,952 shares of common stock on the same day.
- Following these transactions, Mr. Chang beneficially owns 901,952 shares of Brand Engagement Network Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key executive.
- Employees may be interested in the details of the Long-Term Incentive Plan.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of stock grant and disposal transactions. |
| 05/16/2024 | Date of signature on the Form 4 filing. |
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