Form 4: DocGo Inc. Executive Stephen Sugrue Reports Tax Liability Transaction
SEC Form 4 Filing
Chief Compliance Officer Stephen Sugrue of DocGo Inc. reports the withholding of restricted stock units to cover tax liabilities.
Summary
- On January 2, 2025, Stephen Sugrue, Chief Compliance Officer of DocGo Inc., reported a transaction involving the withholding of 4,708 common stock shares to cover tax liabilities.
- The shares were withheld at a price of $4.23 per share.
- Following the transaction, Sugrue beneficially owns 283,211 shares of DocGo Inc.
- These holdings include restricted stock units (RSUs) that will vest in future installments.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing an executive's stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a standard Form 4 filing, reflecting insider transactions related to equity compensation. Such filings are common and provide transparency into the holdings and transactions of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock transaction by an executive.
Key Dates
| Date | Description |
|---|---|
| March 15, 2024 | Date of RSU grant to the Reporting Person pursuant to the Issuer's 2021 Stock Incentive Plan |
| December 12, 2024 | First vesting anniversary for 107,399 RSUs. |
| January 02, 2025 | Date of transaction: withholding of shares for tax liability. |
| April 01, 2025 | First quarterly vesting date for 22,770 RSUs. |
| July 01, 2025 | Second quarterly vesting date for 22,770 RSUs. |
| December 12, 2025 | First annual vesting date for 72,674 RSUs. |
| December 12, 2026 | Second annual vesting date for 72,674 RSUs. |
| December 12, 2027 | Third annual vesting date for 72,674 RSUs. |
| January 06, 2025 | Date of signature for the Form 4 filing. |
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