Form 4: FiscalNote CFO's RSU Tax Withholding Reported

FiscalNote Holdings, Inc. CFO Jon Slabaugh reported the withholding of 1,464 Class A Common Stock shares on October 17, 2025, to satisfy tax obligations from restricted stock unit vesting.

Summary

• Jon Slabaugh, CFO and SVP, Corporate Development of FiscalNote Holdings, Inc. (NOTE), reported a transaction on October 17, 2025.
• The transaction involved the disposition of 1,464 shares of Class A Common Stock at a price of $4.25 per share.
• These shares were withheld to satisfy the reporting person's tax obligation upon the vesting of 2,977 restricted stock units.
• Following this transaction, Jon Slabaugh beneficially owns 115,438 shares of Class A Common Stock directly.
• All reported numbers of shares and prices have been adjusted and rounded to reflect the 1-for-12 reverse stock split effected by FiscalNote on August 29, 2025.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction related to tax withholding upon RSU vesting, which is a neutral event for company valuation and does not indicate a change in management's outlook.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies with RSU programs. It does not provide specific insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation, not a discretionary sale or purchase.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary transaction for tax withholding upon RSU vesting, which does not indicate a change in management's outlook or provide new material information to warrant a buy or sell recommendation. It is a standard compensation-related event and does not alter the fundamental investment thesis for FiscalNote Holdings, Inc.

Keywords

FiscalNote, NOTE, Jon Slabaugh, Form 4, RSU, tax withholding, insider transaction, CFO, stock split