Form 4: Emerald Holding CFO David Doft Reports Gifts of Common Stock to Non-Profits

David Doft, CFO of Emerald Holding, Inc., reported gifting a total of 31,750 shares of common stock to unaffiliated non-profit institutions between May 9 and May 13, 2024.

Summary

• On May 9, 2024, David Doft, the CFO of Emerald Holding, Inc., gifted 11,150 shares of common stock.
• On May 10, 2024, Mr. Doft gifted an additional 10,200 shares of common stock.
• On May 13, 2024, Mr. Doft gifted a further 10,400 shares of common stock.
• All gifts were made to unaffiliated not-for-profit institutions to satisfy previously committed donated amounts.
• Following these transactions, Mr. Doft directly owns 70,023 shares of Emerald Holding, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding stock gifts. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Management Comments

• Mr. Doft has made a gift of Common Stock to unaffiliated not-for profit institutions to satisfy previously committed donated amounts.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company, like the CFO in this case, make transactions involving the company's securities. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

• The gifts of stock have a negligible impact on shareholders as the total number of shares gifted is small relative to the total outstanding shares.
• The gifts do not directly impact employees, customers, suppliers, or creditors.

Key Dates