Form 4: Enfusion COO Neal Pawar Sells Shares to Cover Tax Obligations
SEC Form 4
Enfusion's Chief Operating Officer, Neal Pawar, sold 2,769 shares of Class A Common Stock on March 3, 2025, to cover tax withholding obligations.
Summary
- On March 3, 2025, Neal Pawar, the Chief Operating Officer of Enfusion, Inc. (ENFN), sold 2,769 shares of Class A Common Stock.
- The sale was executed to cover tax withholding obligations related to the issuance of shares.
- The shares were sold at a weighted average price of $11.481, with individual transactions ranging from $11.429 to $11.535.
- Following the transaction, Pawar directly owns 1,231,627 shares of Enfusion's Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations; no indication of positive or negative implications for the company.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Neal Pawar sold shares of Enfusion, Inc. |
| 03/05/2025 | Date of signature by Attorney-in-Fact. |
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