Form 4: Evolent Health Executive Aammaad Shams Reports Tax-Related Stock Disposal

Sentiment:

SEC Form 4 Filing


Aammaad Shams, Chief Accounting Officer of Evolent Health, Inc., reports the disposal of shares to cover tax obligations upon vesting of restricted stock units.

Summary

  • On August 1, 2024, Aammaad Shams, the Chief Accounting Officer of Evolent Health, Inc., disposed of 2,567 shares of Class A Common Stock.
  • The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
  • The shares were disposed of at a price of $22.44 per share.
  • Following the transaction, Shams directly owns 52,379 shares of Evolent Health, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports a transaction for tax purposes.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction appears to be a standard tax-related disposal of shares.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
08/01/2024Date of transaction: Disposal of shares to cover tax obligations.
08/05/2024Date of signature on the Form 4 filing.

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