Form 4: Evolv Technologies CFO Mark Donohue Reports Stock Transactions
SEC Form 4 Filing
Mark Donohue, CFO of Evolv Technologies Holdings, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On March 1, 2024, Mark Donohue, the CFO of Evolv Technologies Holdings, acquired 117,509 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
- Also on March 1, 2024, 117,509 Restricted Stock Units vested.
- On March 4, 2024, Donohue sold 39,323 shares of Class A Common Stock at a weighted average price of $3.63 per share.
- The sale was intended to cover withholding taxes related to the vesting of the RSUs.
- Following these transactions, Donohue directly owns 287,374 shares of Class A Common Stock and 235,055 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the executive's holdings and recent trading activity.
Stakeholder Impact
- Shareholders are informed about the CFO's stock transactions, providing insight into insider activity.
- The transactions may have a minor impact on the stock price due to the volume of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Acquisition of 117,509 shares of Class A Common Stock through RSU vesting and vesting of 117,509 Restricted Stock Units. |
| 03/04/2024 | Sale of 39,323 shares of Class A Common Stock at an average price of $3.63 per share. |
| 03/05/2024 | Date of signature by Eric Pyenson, Attorney-in-fact for Mark Donohue. |
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