Form 4: Corsair Gaming CFO Michael Potter Reports Stock Disposals to Cover Tax Obligations

Michael Potter, CFO of Corsair Gaming, reported the disposal of common stock to cover tax obligations related to the vesting and settlement of restricted stock units.

Summary

• On February 15, 2025, Michael Potter, the Chief Financial Officer of Corsair Gaming, disposed of 1,259 shares of common stock at a price of $12.42.
• Following this transaction, Potter directly owned 66,650 shares of Corsair Gaming common stock.
• On February 16, 2025, Potter disposed of 2,876 shares of common stock at a price of $12.42.
• Following this transaction, Potter directly owned 63,774 shares of Corsair Gaming common stock.
• The disposals were to satisfy tax obligations resulting from the vesting and settlement of restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock transactions related to tax obligations from vested RSUs, which is a common practice.

Stakeholder Impact

• The disposal of shares by the CFO could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved.

Key Dates