Form 4: DocGo Inc. Director Etalvina Leite Reports Stock Transactions

Director Etalvina Leite of DocGo Inc. reports the acquisition of restricted stock units and the subsequent sale of shares to cover taxes.

Summary

• Etalvina Leite, a director at DocGo Inc., reported transactions involving the company's common stock.
• On December 13, 2024, Leite acquired 34,965 restricted stock units (RSUs) which will vest on December 13, 2025.
• These RSUs were granted under the company's 2021 Stock Incentive Plan.
• Each RSU represents the right to receive one share of common stock upon vesting.
• On December 17, 2024, Leite sold 16,500 shares of common stock at a price of $4.34 per share.
• This sale was to cover taxes due in connection with the vesting of RSUs that were granted on December 12, 2023.
• Following these transactions, Leite beneficially owns 51,411 shares of DocGo Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine filing of stock transactions by a company director, and does not indicate any positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for company insiders who trade their company's stock. It is a normal part of corporate governance and transparency.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US.
• The transactions reported are typical for directors who receive stock-based compensation.
• The sale of shares to cover taxes upon vesting of RSUs is a common occurrence.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they are related to director compensation and tax obligations.

Key Dates

Keywords

DocGo Inc., Etalvina Leite, stock transactions, restricted stock units, RSUs, Form 4, insider trading, director, common stock