Form 4: Cutera CEO Taylor C. Harris Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Cutera's CEO, Taylor C. Harris, reports the withholding of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On February 7, 2025, Taylor C. Harris, CEO of Cutera Inc., had 4,620 shares of common stock withheld by the company to cover tax liabilities.
- This withholding was related to the vesting of 15,583 Restricted Stock Units under the company's 2019 Equity Incentive Plan.
- Following this transaction, Harris directly owns 255,744 shares of Cutera Inc.
- The transaction was reported on February 21, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations on vested equity, and does not inherently indicate positive or negative 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 CEO's shares were withheld to cover tax obligations, a common practice when restricted stock units vest.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the CEO's equity compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of transaction: Shares withheld for tax liability related to vesting of Restricted Stock Units. |
| 02/21/2025 | Date of report filing. |
Keywords
Beneficial Ownership, Form 4, Cutera, CUTR, Taylor C. Harris, Restricted Stock Units, Tax Withholding, Equity Incentive Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.