Form 4: Diversified Healthcare Trust CFO Matthew C. Brown Reports Stock Transaction
SEC Form 4 Filing
CFO and Treasurer Matthew C. Brown of Diversified Healthcare Trust reports disposition of shares to cover tax obligations.
Summary
- On September 17, 2024, Matthew C. Brown, CFO and Treasurer of Diversified Healthcare Trust, reported a transaction involving common shares of beneficial interest.
- Brown disposed of 6,187 shares at a price of $3.68 to cover tax liabilities related to the vesting of a security issued under Rule 16b-3.
- Following the transaction, Brown directly owns 84,282 common shares of Diversified Healthcare Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax withholding event related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of stock transaction |
| 09/19/2024 | Date of signature on the Form 4 filing |
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