Form 4: Cepton Inc. COO Liqun Han Reports Stock Transaction

Cepton Inc.'s Chief Operating Officer, Liqun Han, reported a transaction involving the withholding of shares to cover tax obligations and shares held in a trust.

Summary

• Liqun Han, the Chief Operating Officer of Cepton Inc., filed a Form 4 detailing changes in beneficial ownership of company stock.
• On December 20, 2024, 23,458 shares of common stock were withheld by Cepton to cover tax obligations related to the vesting of 65,743 restricted stock units.
• Following this transaction, Mr. Han directly owns 201,943 shares of Cepton common stock.
• Additionally, 48,984 shares are held indirectly through the Han-Ouyang Living Trust, where Mr. Han serves as a trustee.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine stock transaction, and does not indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transaction is a common occurrence where shares are withheld to cover tax obligations related to vesting of restricted stock units, which is a typical form of compensation for executives.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax withholding event.

Key Dates

Keywords

Form 4, insider trading, beneficial ownership, stock transaction, Cepton Inc., Liqun Han, restricted stock units, tax withholding