Form 4: Cutera Inc. Interim CFO Stuart Drummond Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Interim CFO of Cutera Inc., Stuart Drummond, reports a transaction involving common stock related to tax liability settlement.
Summary
- On July 1, 2024, Stuart Drummond, Interim CFO of Cutera Inc., reported a transaction involving Cutera's common stock.
- 23 shares were disposed of to settle the reporting person's tax liability for 51 Restricted Stock Units vesting on July 1, 2024.
- The shares were withheld by the company at a price of $1.5 as required by the company's 2019 Equity Incentive Plan.
- Following the transaction, Drummond beneficially owns 18,328 shares of Cutera Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction involving common stock. |
| 07/01/2024 | Date of vesting of 51 Restricted Stock Units. |
| 07/02/2024 | Date of signature of the report. |
Keywords
Form 4, Beneficial Ownership, Stuart Drummond, Cutera Inc., CUTR, Interim CFO, Stock Transaction, Tax Liability, Restricted Stock Units
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.