Form 4: Cryoport Director Linda Baddour Reports Stock Conversion
SEC Form 4
Director Linda Baddour converted restricted stock rights into common stock of Cryoport, Inc. on March 15, 2024.
Summary
- On March 15, 2024, Linda Baddour, a director of Cryoport, Inc., converted 1,111 restricted stock rights into 1,111 shares of common stock.
- The conversion occurred upon the vesting of these rights.
- Following the transaction, Baddour directly owns 21,690 shares of Cryoport common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction (stock vesting and conversion). It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a standard conversion of existing equity awards.
Key Dates
| Date | Description |
|---|---|
| 03/15/2022 | Start date for vesting of restricted stock rights in three equal annual installments. |
| 03/15/2024 | Date of transaction: Conversion of 1,111 restricted stock rights to common stock. |
| 03/19/2024 | Date of signature on the SEC Form 4 filing. |
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