Form 4: Definitive Healthcare Corp. Executive Chairman Krantz Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jason Ronald Krantz, Executive Chairman and Interim CEO of Definitive Healthcare Corp., disposed of shares to cover tax obligations related to RSU vesting.
Summary
- On March 14, 2024, Jason Ronald Krantz, the Executive Chairman and Interim CEO of Definitive Healthcare Corp., disposed of 2,808 shares of Class A Common Stock to satisfy tax withholding obligations related to the vesting and settlement of previously reported Restricted Stock Units (RSUs).
- The shares were sold at a price of $8.09 per share.
- Following the transaction, Krantz directly owns 902,650 shares of Class A Common Stock and indirectly owns 450,000 shares through a trust.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive sold shares to cover tax obligations, which is a normal occurrence.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates that an insider sold shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Krantz disposed of shares to cover tax obligations. |
| 03/18/2024 | Date of signature on the Form 4 filing. |
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