4/A: Exact Sciences Director Corrects Stock Award Reporting in Amended SEC Filing
SEC Filing (Form 4/A)
D. Scott Coward, a director at Exact Sciences Corp, files an amended SEC Form 4 to correct the number of restricted stock shares awarded due to an administrative error.
Summary
- D. Scott Coward, a director at Exact Sciences Corp, filed an amendment to a previously submitted SEC Form 4.
- The amendment corrects the number of restricted stock shares awarded to Coward pursuant to the company's non-employee director compensation policy.
- The original filing on June 17, 2024, incorrectly reported the award as 5,444 shares.
- The corrected filing reflects the accurate amount of 5,939 shares awarded on June 13, 2024.
- The shares were acquired at a price of $0.
Sentiment
Score: 7
Explanation: The document is a routine correction of an administrative error in an SEC filing. It doesn't indicate any fundamental issues with the company, but the initial error is a minor negative.
Negatives
- The initial Form 4 filing contained an administrative error, requiring an amendment.
Industry Context
This filing is a routine disclosure related to insider transactions and director compensation, common in publicly traded companies.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders regarding director compensation.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of the transaction where the shares were acquired. |
| 06/17/2024 | Date of the original Form 4 filing that contained an error. |
| 12/20/2024 | Date of the amended Form 4/A filing to correct the error. |
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