Form 4: FiscalNote CFO Sells Shares for Tax Obligations

FiscalNote Holdings, Inc.'s CFO, Jon Slabaugh, disposed of 6,235 Class A Common Stock shares to cover tax obligations related to restricted stock unit vesting.

Summary

• Jon Slabaugh, CFO and SVP, Corporate Development of FiscalNote Holdings, Inc., reported a transaction on January 2, 2026.
• Slabaugh disposed of 6,235 shares of Class A Common Stock at a price of $1.59 per share.
• This disposition was a mandatory tax withholding to satisfy tax obligations upon the vesting of 25,220 restricted stock units.
• Following this transaction, Slabaugh beneficially owns 109,203 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding upon RSU vesting, which is neutral in sentiment. It reflects standard compensation practices rather than a discretionary sale or purchase.

Positives

• The transaction is a routine tax withholding, indicating the vesting of restricted stock units for the CFO, which is a form of compensation.

Negatives

• No direct negatives are indicated by a routine tax withholding transaction.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

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

Management Comments

• No notable quotes or paraphrased statements from company management are included in this Form 4 filing.

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive analysis.

Comparison to Industry Standards

• This filing reports a standard tax withholding transaction upon the vesting of restricted stock units, a common practice for executive compensation across industries. No specific comparable companies, projects, or results are detailed within this filing to allow for a direct comparison to industry benchmarks beyond the routine nature of the transaction.

Management Changes

Corporate Governance

Legal Proceedings

• No legal or regulatory matters are mentioned in this Form 4 filing.

Related Party Transactions

• This filing details an insider transaction (tax withholding upon RSU vesting) by a corporate officer, which is a common form of compensation and not a related party transaction in the context of special dealings.

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine tax-related disposition of a relatively small number of shares by an insider.
• Employees: No direct impact on employees beyond the reporting person.
• Customers/Suppliers/Creditors: No direct impact.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Recommendation

This Form 4 filing details a routine tax-related disposition of shares by a corporate officer upon the vesting of restricted stock units. It does not reflect a discretionary sale based on market outlook or a significant change in the company's fundamentals. Therefore, it provides no new information that would warrant a change in investment recommendation, suggesting a 'hold' position for existing investors based solely on this filing.

Keywords

FiscalNote Holdings, NOTE, Jon Slabaugh, CFO, SVP Corporate Development, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Equity Compensation