Form 4: FiscalNote CFO Jon Slabaugh Reports Acquisition of 908,843 Shares of Class A Common Stock

FiscalNote CFO Jon Slabaugh reports acquiring 908,843 shares of Class A Common Stock on February 21, 2025, bringing his total holdings to 1,471,432 shares.

Summary

• Jon Slabaugh, CFO and SVP, Corp. Dev. of FiscalNote Holdings, Inc., reported a transaction on February 21, 2025.
• Slabaugh acquired 908,843 shares of Class A Common Stock at a price of $0.
• Following the transaction, Slabaugh beneficially owns 1,471,432 shares of Class A Common Stock directly.
• The acquisition involved restricted stock units (RSUs) that vest over time, with one-third vesting on the first anniversary of the January 1, 2025 commencement date, and the remainder vesting quarterly thereafter.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing indicating a change in ownership. The acquisition of shares by the CFO could be seen as a slightly positive sign, but it's not a strong indicator of future performance.

Positives

• The CFO's acquisition of a significant number of shares could be interpreted as a positive signal about the company's prospects.
• The vesting schedule of the RSUs incentivizes long-term commitment from the CFO.

Future Outlook

The document does not contain explicit forward-looking statements, but the vesting schedule of the RSUs suggests a multi-year commitment from the CFO.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading. This filing indicates changes in the beneficial ownership of FiscalNote's securities by a key executive.

Stakeholder Impact

• Shareholders may view the CFO's increased stake in the company positively.
• Employees may see it as a sign of confidence from leadership.

Key Dates