Form 4: Definitive Healthcare Corp. President Jonathan Maack Reports Share Withholding for Tax Obligations

Sentiment:

SEC Form 4 Filing


Jonathan Maack, President of Definitive Healthcare Corp., reports the withholding of 10,021 shares of Class A Common Stock to cover tax obligations related to vesting restricted stock units on May 3, 2024.

Summary

  • On May 3, 2024, Jonathan Maack, President of Definitive Healthcare Corp., had 10,021 shares of Class A Common Stock withheld by the issuer.
  • This withholding was to satisfy Mr. Maack's tax obligations related to the vesting and settlement of previously reported restricted stock units.
  • Following the transaction, Mr. Maack beneficially owns 699,650 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (tax withholding) and doesn't indicate any significant positive or negative developments for the company. It's a neutral event from an investment perspective.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to equity compensation.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a standard tax withholding procedure.

Key Dates

DateDescription
05/03/2024Date of share withholding transaction.
05/07/2024Date of signature on the Form 4 filing.

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