Form 4: FiscalNote Director Stanley A. McChrystal Acquires 134,615 Shares of Class A Common Stock

Director Stanley A. McChrystal acquired 134,615 shares of FiscalNote Holdings, Inc. Class A Common Stock on May 29, 2024, and now beneficially owns 406,210 shares.

Summary

• On May 29, 2024, Stanley A. McChrystal, a director of FiscalNote Holdings, Inc., acquired 134,615 shares of Class A Common Stock.
• The acquisition was made directly.
• Following the transaction, McChrystal beneficially owns 406,210 shares of Class A Common Stock.
• The reported price per share was $0.
• The acquisition also involved restricted stock units (RSUs) that will vest on the date of the Issuer's 2025 annual meeting of stockholders.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director. The increased ownership could be seen as a positive signal, but without more context, it's difficult to gauge the overall impact.

Positives

• A director's increased stake in the company may signal confidence in FiscalNote's future prospects.

Future Outlook

The vesting of RSUs at the 2025 annual meeting suggests a continued alignment of the director's interests with the company's performance.

Industry Context

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

Stakeholder Impact

• The increased ownership by a director could be viewed positively by shareholders, potentially increasing confidence in the company's direction.

Key Dates