Form 4: Cutera Inc. Interim CFO Stuart Drummond Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Interim CFO Stuart Drummond reports a transaction involving the withholding of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On October 1, 2024, Stuart Drummond, Interim CFO of Cutera Inc., had 20 shares of common stock withheld by the company to cover his tax liability.
- This withholding was related to the vesting of 50 Restricted Stock Units under the company's 2019 Equity Incentive Plan.
- Following this transaction, Drummond beneficially owns 17,827 shares of Cutera Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of compliance for company insiders and provide transparency into their transactions involving the company's stock.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: 20 shares of common stock withheld for tax liability. |
| 10/15/2024 | Date of signature on the Form 4 filing. |
Keywords
beneficial ownership, Form 4, Stuart Drummond, Cutera Inc., CUTR, Interim CFO, stock withholding, tax liability, restricted stock units, equity incentive plan
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