Form 4: Cutera Inc. Interim CFO Stuart Drummond Reports Tax Liability 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 February 1, 2025, Stuart Drummond, Interim CFO of Cutera Inc., had 22 shares of common stock withheld by the company to cover his tax liability.
- This withholding was related to 49 Restricted Stock Units vesting on the same date.
- The price per share for the tax withholding was $0.4271.
- Following this transaction, Drummond directly owns 17,798 shares of Cutera Inc.
- The withholding is required by the company's 2019 Equity Incentive Plan.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation and tax obligations.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of transaction: Share withholding for tax liability and vesting of Restricted Stock Units. |
| 02/04/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Insider Trading, Stuart Drummond, Cutera Inc., CUTR, Tax Liability, Restricted Stock Units, Share Withholding, Interim CFO
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