Form 4: FiscalNote Director Michael Callahan Acquires Shares Through Restricted Stock Units

Director Michael Callahan acquired 134,615 shares of FiscalNote Holdings, Inc. through restricted stock units that will vest at the 2025 annual meeting.

Summary

• On May 29, 2024, Michael John Callahan, a director of FiscalNote Holdings, Inc., acquired 134,615 shares of Class A Common Stock.
• The acquisition was through restricted stock units (RSUs), each representing a contingent right to receive one share of Class A Common Stock.
• These RSUs will vest on the date of the Issuer's 2025 annual meeting of stockholders.
• Following the transaction, Callahan directly owns 274,315 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally seen as a positive sign, indicating confidence in the company's future. However, it's a routine transaction related to executive compensation.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.

Future Outlook

The vesting of the RSUs is contingent upon the date of the Issuer's 2025 annual meeting of stockholders.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Next Steps

• The RSUs will vest on the date of the Issuer's 2025 annual meeting of stockholders.

Key Dates