Form 4: Cutera Inc. Interim CFO Reports Tax Liability Settlement
SEC Form 4 Filing
Stuart Drummond, Interim CFO of Cutera Inc., reports the withholding of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On April 1, 2024, Stuart Drummond, the Interim CFO of Cutera Inc., had 13 shares of common stock withheld by the company to settle his tax liability.
- This withholding was related to 28 Restricted Stock Units vesting on the same date.
- The price per share for the tax withholding was $1.38.
- Following the transaction, Drummond beneficially owns 19,580 shares of Cutera Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive compensation and does not contain information that would significantly impact investor sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: shares withheld for tax liability and vesting of Restricted Stock Units. |
| 04/02/2024 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Stuart Drummond, Cutera Inc., CUTR, Interim CFO, Tax Liability, Restricted Stock Units, Share Withholding
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.