Form 4: Exact Sciences Corp Executive Jacob Orville Reports Stock Transactions
SEC Form 4 Filing
Jacob Orville, General Manager of Screening at Exact Sciences Corp, reports the vesting of restricted stock units and subsequent sale of shares to cover withholding taxes.
Summary
- On February 29, 2024, Jacob Orville vested 4,724 shares of common stock from restricted stock units.
- On March 1, 2024, he sold 2,154 shares at $59.32 per share to cover withholding taxes.
- Following these transactions, Orville directly owns 14,324 shares of common stock and indirectly owns 1,117 shares held in a 401(k) plan.
- He also holds 50,706 vested and unvested options and restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Vesting of 4,724 restricted stock units. |
| 03/01/2024 | Sale of 2,154 shares at $59.32 per share. |
| 03/04/2024 | Date of signature for the Form 4 filing. |
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