Form 4: Emerald Holding CFO David B. Doft Reports Tax-Related Stock Disposal
SEC Form 4 Filing
David B. Doft, CFO of Emerald Holding, Inc., reports the disposal of 6,563 shares of common stock to cover tax obligations related to vesting restricted stock units on January 4, 2025.
Summary
- On January 4, 2025, David B. Doft, the Chief Financial Officer of Emerald Holding, Inc., disposed of 6,563 shares of common stock.
- The disposal was to satisfy tax withholding obligations associated with the vesting of 17,940 restricted stock units granted on January 4, 2021.
- The price per share for the transaction was $4.83.
- Following the transaction, Doft directly owns 63,460 shares, which includes 17,940 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, 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 filing indicates a standard tax-related stock disposal, which is common when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/04/2021 | Date of grant for 17,940 restricted stock units. |
| 01/04/2025 | Date of transaction: disposal of 6,563 shares to cover tax obligations. |
| 01/14/2025 | Date of signature on the Form 4 filing. |
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