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 192 common stock shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 6, 2024, Stuart Drummond, Interim CFO of Cutera Inc., had 192 shares of common stock withheld by the company to cover his tax liability.
- This withholding was related to the vesting of 409 Restricted Stock Units.
- The price per share for the tax withholding was $2.11.
- Following the transaction, Drummond directly owns 19,388 shares of Cutera Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, and does not indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of the transaction where shares were withheld for tax liability. |
| 04/08/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Cutera Inc, Stuart Drummond, Interim CFO, Share Withholding, Tax Liability, Restricted Stock Units, CUTR
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