Form 4: DocGo Inc. Executive Stephen Sugrue Reports Stock Transaction
SEC Form 4 Filing
Stephen Sugrue, Chief Compliance Officer of DocGo Inc., reports the withholding of 4,104 common stock shares to cover tax liabilities related to restricted stock units.
Summary
- On June 14, 2024, Stephen Sugrue, the Chief Compliance Officer of DocGo Inc., reported a transaction involving the withholding of 4,104 shares of common stock.
- The shares were withheld to satisfy the reporting person's tax liability related to restricted stock units (RSUs) granted on March 15, 2024, under the company's 2021 Stock Incentive Plan.
- Following the transaction, Sugrue beneficially owns 193,358 shares of DocGo Inc. common stock.
- These shares include 56,922 RSUs vesting in five equal quarterly installments starting July 1, 2024, and 96,899 RSUs vesting in four equal annual installments from December 12, 2023.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The document outlines the vesting schedule for RSUs, indicating future equity compensation for the reporting person.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the equity-based compensation of key personnel.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
- The transaction affects the executive's holdings and future vesting schedule.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date the Restricted Stock Units (RSUs) were granted to the Reporting Person pursuant to the Issuer's 2021 Stock Incentive Plan. |
| 06/14/2024 | Date of the stock transaction where 4,104 shares were withheld for tax liability. |
| 06/18/2024 | Date of signature for the Form 4 filing. |
| 07/01/2024 | Start date for quarterly vesting of 56,922 RSUs. |
| 12/12/2023 | Anniversary date for annual vesting of 96,899 RSUs. |
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