Form 4: Definitive Healthcare Corp. CFO Booth Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Richard Douglas Booth, CFO of Definitive Healthcare Corp., sold shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 1, 2024, Richard Douglas Booth, the Chief Financial Officer of Definitive Healthcare Corp., disposed of 3,620 shares of Class A Common Stock.
- The shares were withheld by the issuer to satisfy Mr. Booth's tax withholding obligations related to the vesting and settlement of previously reported restricted stock units.
- The transaction was executed at a price of $6.97 per share.
- Following the transaction, Mr. Booth beneficially owns 509,797.173 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is related to tax obligations, a routine financial activity.
Industry Context
Form 4 filings are a routine part of insider trading activity and are closely watched by investors for signals about management's confidence in the company's prospects. This particular filing relates to tax obligations, which is a common reason for share disposals.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Richard Douglas Booth disposed of shares to cover tax obligations. |
| 05/03/2024 | Date of signature on the Form 4 filing. |
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