Form 4: Celularity Inc. Executive Vice President Kyle Fletcher Reports Tax Obligation Share Withholding
SEC Form 4 Filing
Executive Vice President and General Counsel of Celularity Inc., Kyle Fletcher, reports the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On April 13, 2024, Kyle Fletcher, Executive Vice President and General Counsel of Celularity Inc., had 20 shares of Class A Common Stock withheld by the issuer to cover tax obligations.
- These obligations arose from the vesting and settlement of restricted stock units (RSUs) granted under the company's 2021 Equity Incentive Plan.
- Following the transaction, Fletcher beneficially owns 21,085 shares, including 20,352 shares underlying RSUs.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 04/13/2024 | Date of transaction: shares withheld for tax obligations. |
| 04/16/2024 | Date of signature on the Form 4 filing. |
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