Form 4: Digimarc EVP, Chief Revenue Officer Thomas Benton Reports Stock Transaction
SEC Form 4 Filing
Thomas Benton, EVP and Chief Revenue Officer of Digimarc CORP, reports the disposition of 435 shares of common stock to cover tax liability for vested stock awards on May 15, 2024.
Summary
- On May 15, 2024, Thomas Benton, the EVP and Chief Revenue Officer of Digimarc CORP, disposed of 435 shares of common stock.
- The transaction was executed to cover tax liability for vested stock awards.
- The price per share was $25.39.
- Following the transaction, Benton beneficially owns 7,479 shares of Digimarc CORP common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and does not necessarily reflect a strategic shift or material event for Digimarc CORP.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to vested stock awards.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction: disposition of 435 shares. |
| 05/20/2024 | Date of signature on the Form 4 filing. |
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