Form 4: Corsair Gaming Executive La Thi L Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
La Thi L, President & COO of Corsair Gaming, Inc., reported disposing of shares to cover tax obligations related to the vesting and settlement of restricted stock units (RSUs).
Summary
- On February 15, 2025, La Thi L, President & COO of Corsair Gaming, Inc., disposed of 1,803 shares of common stock at a price of $12.42 to cover tax obligations.
- Following this transaction, La Thi L directly owns 260,794 shares of Corsair Gaming, Inc.
- On February 16, 2025, La Thi L disposed of 5,613 shares of common stock at a price of $12.42 to cover tax obligations.
- Following this transaction, La Thi L directly owns 255,181 shares of Corsair Gaming, Inc.
- The disposals were executed to satisfy tax obligations resulting from the vesting and settlement of restricted stock units (RSUs).
Sentiment
Score: 5
Explanation: This is a neutral event. The stock disposal is related to tax obligations and doesn't indicate a change in the executive's outlook on the company.
Industry Context
Executive stock disposals to cover tax obligations are a common occurrence, particularly after the vesting of restricted stock units. This is a routine transaction and doesn't necessarily reflect a change in the executive's confidence in the company.
Stakeholder Impact
- The stock disposal has a minimal impact on shareholders as it is a routine transaction to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Disposal of 1,803 shares of common stock at $12.42 per share to cover tax obligations. |
| 02/16/2025 | Disposal of 5,613 shares of common stock at $12.42 per share to cover tax obligations. |
| 02/19/2025 | Date of signature by attorney-in-fact, Michael G. Potter. |
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