Form 4: Definitive Healthcare Corp. Executive Chairman Krantz Sells Shares to Cover Tax Obligations
SEC Filing
Jason Ronald Krantz, Executive Chairman and Interim CEO of Definitive Healthcare Corp., disposed of 4,003 shares to cover tax obligations related to vested RSUs.
Summary
- Jason Ronald Krantz, the Executive Chairman and Interim CEO of Definitive Healthcare Corp., filed a Form 4 on June 18, 2024.
- The form reports a transaction on June 14, 2024, where 4,003 shares of Class A Common Stock were disposed of at a price of $5.62 per share.
- This disposal was due to the withholding of shares by the issuer to satisfy tax obligations related to the vesting and settlement of previously reported Restricted Stock Units (RSUs).
- Following the transaction, Krantz directly owns 890,989 shares and indirectly owns 450,000 shares through a trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, which is a common practice and doesn't necessarily reflect a change in the insider'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. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 06/18/2024 | Date the Form 4 was filed. |
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