Form 4: Definitive Healthcare Corp. Executive Chairman Krantz Sells Shares to Cover Tax Obligations

Sentiment:

SEC Filing Form 4


Jason Ronald Krantz, Executive Chairman of Definitive Healthcare Corp., disposed of shares to cover tax obligations related to vesting RSUs.

Summary

  • On September 14, 2024, Jason Ronald Krantz, the Executive Chairman of Definitive Healthcare Corp., disposed of 4,003 shares of Class A Common Stock to satisfy tax withholding obligations.
  • The shares were sold at a price of $4.44 per share.
  • Following the transaction, Krantz directly owns 879,327 shares and indirectly owns 450,000 shares through a trust.

Sentiment

Score: 5

Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested RSUs, a common form of executive compensation.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

DateDescription
09/14/2024Date of the transaction where shares were disposed of to cover tax obligations.
09/17/2024Date of signature on the Form 4 filing.

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