Form 4: Digimarc EVP, Chief Legal Officer George Karamanos Reports Stock Transaction
SEC Form 4 Filing
George Karamanos, EVP and Chief Legal Officer of Digimarc CORP, reports a transaction involving common stock to cover tax liability for vested stock awards.
Summary
- On August 15, 2024, George Karamanos, the EVP and Chief Legal Officer of Digimarc CORP, reported a transaction involving the company's common stock.
- The transaction involved 206 shares being disposed of at a price of $26.01 per share to cover tax liability for vested stock awards.
- Following the transaction, Karamanos directly owns 20,481 shares of Digimarc CORP common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine stock transaction for tax purposes.
Management Comments
- Shares traded back to the Company to cover tax liability for vested stock awards.
Industry Context
This is a routine Form 4 filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine transaction related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock transaction |
| 08/16/2024 | Date of signature |
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