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 vesting and settlement of restricted stock units (RSUs).
Summary
- On January 1, 2025, La Thi L, President & COO of Corsair Gaming, disposed of 806 shares of common stock at a price of $6.61 to cover tax obligations.
- Following this transaction, La Thi L directly owns 264,463 shares of Corsair Gaming common stock.
- On January 2, 2025, La Thi L disposed of 1,866 shares of common stock at a price of $6.98 to cover tax obligations.
- Following this transaction, La Thi L directly owns 262,597 shares of Corsair Gaming common stock.
- The disposals were executed to satisfy tax obligations related to the vesting and settlement of restricted stock units (RSUs).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common when restricted stock units vest.
Stakeholder Impact
- The stock disposal may 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
| Date | Description |
|---|---|
| 01/01/2025 | Disposal of 806 shares of common stock at $6.61 per share. |
| 01/02/2025 | Disposal of 1,866 shares of common stock at $6.98 per share. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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