Form 4: Euronet Worldwide Director Paul Althasen Reports Stock Award and Tax Withholding
SEC Form 4
Director Paul Althasen reports acquisition of shares through a stock award and disposition of shares to cover tax obligations.
Summary
- On May 16, 2024, Paul Althasen, a director of Euronet Worldwide, Inc., acquired 2,386 shares of common stock through a stock award under the company's 2006 Stock Incentive Plan.
- The stock award vested immediately upon grant.
- Also on May 16, 2024, Althasen disposed of 716 shares to satisfy tax withholding obligations related to the vesting of the restricted stock at a price of $115.27 per share.
- Following these transactions, Althasen beneficially owns 56,807 shares of Euronet Worldwide, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Positives
- The acquisition of shares via a stock award indicates the company's commitment to incentivizing its directors.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of stock award and tax withholding transaction. |
| 05/20/2024 | Date of signature on the Form 4 filing. |
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