Form 4: FiscalNote CEO Resnik Reports Stock Transactions

FiscalNote Holdings, Inc. President and CEO Josh Resnik reported the acquisition of 3,376 shares via an employee stock purchase plan and the disposition of 850 shares for tax purposes.

Summary

• Josh Resnik, President and CEO of FiscalNote Holdings, Inc. (NOTE), reported changes in his beneficial ownership of Class A Common Stock.
• On December 31, 2025, Resnik acquired 3,376 shares of Class A Common Stock at a price of $1.25 per share through the FiscalNote Holdings, Inc. 2022 Employee Stock Purchase Plan (ESPP).
• This acquisition was exempt under SEC Rules 16b-3(d) and 16b-3(c).
• Following this acquisition, Resnik's direct beneficial ownership stood at 218,376 shares.
• On January 20, 2026, Resnik disposed of 850 shares of Class A Common Stock at a price of $1.57 per share.
• This disposition represented shares withheld to satisfy tax obligations upon the vesting of 2,153 restricted stock units.
• After this transaction, Resnik's direct beneficial ownership decreased to 217,526 shares.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions, including an acquisition through an employee stock purchase plan and a disposition for tax obligations. These transactions are generally neutral in sentiment as they reflect standard compensation and investment activities rather than a strong directional signal about the company's prospects.

Positives

• The acquisition of 3,376 shares through the Employee Stock Purchase Plan indicates continued participation and investment by the CEO in the company's equity.

Negatives

• The disposition of 850 shares, while for tax obligations, represents a reduction in the CEO's direct beneficial ownership.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report and does not provide specific insights into broader industry trends or competitive positioning for FiscalNote Holdings, Inc.

Stakeholder Impact

• Shareholders: The transactions represent minor changes in the CEO's direct ownership, which is a routine aspect of executive compensation and personal investment. No significant impact on overall shareholder value is implied by these specific transactions.

Key Dates

Recommendation

This Form 4 details routine insider transactions by the CEO, including an acquisition through an employee stock purchase plan and a disposition for tax obligations. These transactions are not indicative of a significant change in company fundamentals or future prospects, thus a 'hold' recommendation is appropriate based solely on this filing.

Keywords

FiscalNote, NOTE, Josh Resnik, CEO, Insider Transaction, Form 4, Stock Purchase Plan, Restricted Stock Units, Equity Compensation, Beneficial Ownership