Form 4: Evolus, Inc. CEO David Moatazedi Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Evolus, Inc. CEO David Moatazedi sold 6,236 shares of common stock on March 27, 2024, to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- On March 27, 2024, David Moatazedi, CEO and President of Evolus, Inc., sold 6,236 shares of Evolus common stock.
- The sale was executed at a price of $13.86 per share.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Moatazedi directly owns 689,614 shares of Evolus common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is related to tax obligations and doesn't necessarily reflect a change in the insider's view of the company.
Industry Context
Sales to cover tax obligations are a routine part of equity compensation and are not necessarily indicative of a change in sentiment regarding the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of the stock sale transaction. |
| 03/29/2024 | Date of signature on the Form 4 filing. |
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