Form 4: FiscalNote CEO Sells Shares for Tax Obligations

FiscalNote Holdings, Inc. President and CEO Josh Resnik disposed of 736 shares of Class A Common Stock to cover tax obligations related to RSU vesting.

Summary

• Josh Resnik, President and CEO of FiscalNote Holdings, Inc. (NOTE), reported a transaction on October 17, 2025.
• The transaction involved the disposition of 736 shares of Class A Common Stock.
• These shares were withheld to satisfy tax obligations upon the vesting of 2,153 restricted stock units (RSUs).
• The deemed price for the disposed shares was $4.25 per share.
• Following this transaction, Josh Resnik directly beneficially owns 228,947 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction for tax purposes and does not provide specific insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes, not a discretionary sale of shares.

Key Dates

Recommendation

This Form 4 filing details a routine tax withholding transaction by the CEO upon the vesting of restricted stock units. Such transactions are common for executives and are generally non-discretionary, not reflecting a change in management's outlook or the company's fundamentals. Therefore, it provides no new information that would warrant a change in investment recommendation; a 'hold' stance is appropriate as this event does not alter the investment thesis.

Keywords

FiscalNote, NOTE, Josh Resnik, Form 4, Insider Transaction, Tax Withholding, Restricted Stock Units, CEO