Form 4: Cutera Inc. Interim CFO Stuart Drummond Reports Tax Liability Settlement Through Share Withholding
SEC Form 4 Filing
Interim CFO of Cutera Inc., Stuart Drummond, reports the withholding of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On September 1, 2024, Stuart Drummond, the Interim CFO of Cutera Inc., had shares withheld by the company to cover his tax liability.
- This withholding was related to 49 Restricted Stock Units vesting on that date.
- The company withheld 19 shares at a price of $0.6555 per share to settle the tax liability.
- Following the transaction, Drummond directly owns 17,847 shares of Cutera Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 09/01/2024 | Date of transaction: shares withheld for tax liability related to vesting of Restricted Stock Units. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Cutera Inc., Stuart Drummond, Interim CFO, Share Withholding, Tax Liability, Restricted Stock Units, Beneficial Ownership
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.