Form 4: Civitas Resources CFO Marianella Foschi Reports Stock Transaction
SEC Form 4 Filing
Marianella Foschi, CFO & Treasurer of Civitas Resources, reports a transaction involving common stock to cover tax obligations.
Summary
- On February 19, 2025, Marianella Foschi, CFO & Treasurer of Civitas Resources, reported a transaction involving the company's common stock.
- The transaction involved the disposal of 1,290 shares at a price of $50.87.
- These shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following the transaction, Foschi directly owns 103,772 shares of Civitas Resources common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, which is neutral in sentiment.
Industry Context
This is a routine Form 4 filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of stock transaction |
| 02/20/2025 | Date of signature by Attorney-in-Fact |
Keywords
Form 4, Civitas Resources, Marianella Foschi, CFO, Stock Transaction, Tax Withholding, CIVI
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