Form 4: Definitive Healthcare Corp. Executive Chairman Krantz Sells Shares to Cover Tax Obligations
SEC Filing Form 4
Jason Ronald Krantz, Executive Chairman and Interim CEO of Definitive Healthcare Corp., disposed of shares to cover tax withholding obligations related to vested RSUs.
Summary
- On August 1, 2024, Jason Ronald Krantz, Executive Chairman and Interim CEO of Definitive Healthcare Corp., disposed of 7,659 shares of Class A Common Stock at a price of $3.95 per share to satisfy tax withholding obligations.
- Following the transaction, Krantz directly owns 883,330 shares of Class A Common Stock.
- He also indirectly owns 450,000 shares through a trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to a routine transaction for tax purposes and doesn't indicate a significant change in the executive's confidence in the company.
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 small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 08/05/2024 | Date of signature for the Form 4 filing. |
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