Form 4: Definitive Healthcare Executive Chairman Reports Routine Share Withholding for Tax Obligations

Jason Ronald Krantz, Executive Chairman and 10% owner of Definitive Healthcare Corp., reported the withholding of 4,093 Class A Common Stock shares by the issuer to cover tax obligations related to restricted stock unit vesting.

Summary

• The reporting person is Jason Ronald Krantz, who serves as Executive Chairman, Director, and a 10% Owner of Definitive Healthcare Corp. (DH).
• On June 14, 2025, the issuer withheld 4,093 shares of Class A Common Stock from Mr. Krantz.
• This transaction, coded 'F', represents the withholding of shares by Definitive Healthcare Corp. to satisfy Mr. Krantz's tax withholding obligations.
• The tax obligations are in connection with the vesting and settlement of previously reported restricted stock units.
• The shares were valued at $3.65 per share for the purpose of this withholding.
• Following this transaction, Mr. Krantz directly beneficially owns 1,102,269 shares of Class A Common Stock.
• Additionally, Mr. Krantz indirectly beneficially owns 450,000 shares through DH Holdings (fka Jason R. Krantz 2009 Trust), where he is the beneficiary.

Sentiment

Score: 5

Explanation: This is a routine, non-discretionary transaction for tax purposes related to RSU vesting, indicating neither positive nor negative sentiment regarding the company's prospects.

Positives

• The transaction is a routine, non-discretionary withholding of shares by the issuer to cover tax obligations associated with the vesting of previously granted restricted stock units, indicating the fulfillment of executive compensation agreements.

Negatives

• The transaction represents a reduction in the reporting person's direct shareholding by 4,093 shares, though it is a non-discretionary event for tax purposes rather than a voluntary sale.

Future Outlook

This Form 4 filing reports a specific insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing details a routine insider transaction related to executive compensation and tax obligations, which is a common occurrence across publicly traded companies. It does not provide information directly related to broader industry trends or competitive landscape beyond the company's internal compensation practices.

Comparison to Industry Standards

• This Form 4 filing reports a routine insider transaction for tax withholding purposes, which is a common practice for executive compensation upon RSU vesting across various industries. It does not provide performance metrics for comparison against industry standards or specific comparable companies/projects.

Related Party Transactions

• The reporting person's indirect beneficial ownership of 450,000 shares is held in trust by DH Holdings (fka Jason R. Krantz 2009 Trust), of which the reporting person is the beneficiary, representing a pre-existing related party arrangement for holding shares.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's confidence or a strategic shift.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Keywords

Definitive Healthcare, DH, Jason Krantz, Form 4, insider transaction, share withholding, restricted stock units, RSU, executive compensation, tax obligations