Form 4: Enfusion Inc. General Counsel Matthew Campobasso Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Matthew Campobasso, General Counsel of Enfusion, Inc., sold 674 shares of Class A Common Stock on October 22, 2024, to cover tax withholding obligations.
Summary
- On October 22, 2024, Matthew Campobasso, the General Counsel of Enfusion, Inc. (ENFN), sold 674 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 $8.95, with individual transactions ranging from $8.84 to $9.04.
- Following the transaction, Campobasso directly owns 53,627 shares of Enfusion, Inc.
- The sale was not a discretionary trade by the reporting person.
Sentiment
Score: 5
Explanation: The document reports a routine transaction (sale of shares for tax obligations) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The sale of shares by an insider could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 10/22/2024 | Date of the share sale transaction. |
| 10/24/2024 | Date of signature on the Form 4 filing. |
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