Form 4: Definitive Healthcare Corp. Executive Kate Marie Shamsuddin Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Kate Marie Shamsuddin, Chief Strategy Officer of Definitive Healthcare Corp., reports the withholding of 1,044 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On September 14, 2024, Kate Marie Shamsuddin, Chief Strategy Officer of Definitive Healthcare Corp., had 1,044 shares of Class A Common Stock withheld by the issuer to satisfy tax obligations.
- The shares were withheld at a price of $4.44 per share.
- Following the transaction, Shamsuddin directly owns 317,686 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction related to tax obligations. It doesn't indicate any strategic shift or concern about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This transaction is a routine withholding of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related withholding.
Key Dates
| Date | Description |
|---|---|
| 09/14/2024 | Date of share withholding transaction. |
| 09/17/2024 | Date of signature on the Form 4 filing. |
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