Form 4: Couchbase Executive William Robert Carey Reports Acquisition of 3,707 Shares of Common Stock
SEC Form 4 Filing
William Robert Carey, Chief Accounting Officer of Couchbase, Inc., reports acquiring 3,707 shares of common stock on February 28, 2024, bringing his total holdings to 56,485 shares.
Summary
- On February 28, 2024, William Robert Carey, the Chief Accounting Officer of Couchbase, Inc., acquired 3,707 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Carey's total beneficial ownership of Couchbase common stock is 56,485 shares.
- The reported transaction also involves Restricted Stock Units (RSUs) that vest quarterly, starting March 15, 2024, subject to continued service with the company.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing indicating an executive's stock transaction. While insider buying can be seen as a positive signal, this is a routine disclosure.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The document indicates ongoing vesting of RSUs, suggesting continued equity-based compensation for the reporting person.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction: Acquisition of common stock. |
| 03/01/2024 | Date of report signature. |
| 03/15/2024 | First quarterly vesting date for RSUs. |
| 06/15/2024 | Second quarterly vesting date for RSUs. |
| 09/15/2024 | Third quarterly vesting date for RSUs. |
| 12/15/2024 | Fourth quarterly vesting date for RSUs. |
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