Form 4: Definitive Healthcare Corp. Executive William Moschella Reports Stock Transactions
SEC Form 4 Filing
William Moschella, Chief Product & Tech Officer of Definitive Healthcare Corp., reports acquisition and disposal of Class A Common Stock to cover tax obligations related to vesting of restricted stock units.
Summary
- On January 21, 2025, William Moschella acquired 66,142 shares of Class A Common Stock at $0 per share.
- On January 21, 2025, 6,711 shares were disposed of at $4.41 per share to cover tax obligations related to vesting of performance-based restricted stock units (PSUs).
- On February 1, 2025, 28,538 shares were disposed of at $4.86 per share to cover tax obligations related to vesting of restricted stock units.
- Following these transactions, Moschella directly owns 451,302 shares of Class A Common Stock.
- The PSUs vest in three installments: 1/3rd on January 21, 2025, 1/3rd on February 1, 2026, and the remaining 1/3rd on February 1, 2027, contingent on continued service with the Issuer.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions related to executive compensation and tax obligations.
Future Outlook
The remaining PSUs will vest in two tranches on February 1, 2026, and February 1, 2027, subject to continued service.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Comparison to Industry Standards
- Similar to other publicly traded companies, Definitive Healthcare Corp. requires its executives to report transactions in company stock.
- The vesting schedule of the PSUs is a common incentive mechanism used to retain key personnel.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Acquisition of 66,142 Class A Common Stock shares and disposal of 6,711 shares for tax obligations. |
| 02/01/2025 | Disposal of 28,538 shares for tax obligations. |
| 02/01/2026 | 1/3rd of PSUs vest. |
| 02/01/2027 | Remaining 1/3rd of PSUs vest. |
| 02/04/2025 | Date of report filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Definitive Healthcare Corp., William Moschella, Class A Common Stock, PSUs, Tax Withholding
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