Form 4: Enfusion Inc. General Counsel Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Matthew Campobasso, General Counsel of Enfusion, Inc., sold 108 shares of Class A Common Stock on February 29, 2024, to cover tax withholding obligations.

Summary

  • On February 29, 2024, Matthew Campobasso, the General Counsel of Enfusion, Inc., sold 108 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 $8.73, with individual transactions ranging from $8.67 to $8.91.
  • Following the transaction, Campobasso directly owns 30,840 shares of Enfusion, Inc.
  • The sale was not a discretionary trade by the reporting person.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider share sale for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The sale of shares by a company insider could have a minor impact on shareholder sentiment, but is unlikely to be significant given the small number of shares involved and the reason for the sale.

Key Dates

DateDescription
02/29/2024Date of the transaction (sale of shares).
03/04/2024Date of signature on the Form 4 filing.

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