Form 4: FiscalNote CFO Disposes of Shares for Tax Withholding on RSU Vesting

FiscalNote Holdings, Inc.'s CFO and SVP of Corporate Development, Jon Slabaugh, disposed of 68,600 shares of Class A Common Stock at $0.6501 per share to cover tax obligations related to restricted stock unit vesting.

Summary

• Jon Slabaugh, the Chief Financial Officer and Senior Vice President of Corporate Development at FiscalNote Holdings, Inc. (NOTE), disposed of 68,600 shares of the company's Class A Common Stock.
• The transaction occurred on July 17, 2025, with shares valued at $0.6501 each.
• This disposition was specifically for the purpose of satisfying tax obligations incurred upon the vesting of 142,714 restricted stock units.
• Following this transaction, Jon Slabaugh's beneficial ownership of Class A Common Stock stands at 1,402,832 shares.

Sentiment

Score: 6

Explanation: The transaction is a routine tax-related disposition following RSU vesting, which is a positive for the executive's compensation, but the disposition itself is neutral to slightly negative in terms of direct ownership.

Positives

• The transaction indicates the vesting of 142,714 restricted stock units for the CFO, which is a form of compensation and retention for key management personnel.

Negatives

• The disposition of 68,600 shares, even for tax purposes, results in a reduction of the direct ownership stake held by a key executive.

Risks

• No specific company-level risks are detailed within this Form 4 filing, as it primarily reports an insider transaction.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of an insider transaction and does not provide information relevant to broader industry trends or the competitive landscape.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction, not a discretionary sale by an insider.
• Employees: The vesting of RSUs indicates ongoing compensation practices for executives, which can be a positive for employee retention and motivation.

Key Dates

Keywords

FiscalNote Holdings, NOTE, SEC Form 4, Insider transaction, Restricted stock units, RSU vesting, Tax withholding, Jon Slabaugh, CFO, Corporate Development