Form 4: Definitive Healthcare Corp. Executive Chairman Jason Krantz Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Jason Krantz, Executive Chairman and Interim CEO of Definitive Healthcare Corp., reports withholding of shares to cover tax obligations related to RSU vesting.
Summary
- On May 1, 2024, Jason Krantz, Executive Chairman and Interim CEO of Definitive Healthcare Corp., had 7,658 Class A Common Stock shares withheld by the issuer to satisfy tax obligations.
- The withholding was related to the vesting and settlement of previously reported Restricted Stock Units (RSUs).
- The price per share for the withholding was $6.97.
- Following the transaction, Krantz directly owns 894,992 shares of Class A Common Stock.
- Krantz also indirectly owns 450,000 shares through a trust, DH Holdings (fka Jason R. Krantz 2009 Trust), where he is the beneficiary.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on the total number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of share withholding transaction. |
| 05/03/2024 | Date of Form 4 filing. |
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