Form 4: FiscalNote Director Yiu Conrad Receives Stock Units

Sentiment:

SEC Form 4


Director Yiu Conrad of FiscalNote Holdings, Inc. reports acquisition of stock units and indirect ownership of Class A Common Stock.

Summary

  • On May 29, 2024, Yiu Conrad, a director of FiscalNote Holdings, Inc., reported a transaction involving the acquisition of 134,615 shares of Class A Common Stock at $0.00 per share.
  • These shares were acquired in the form of restricted stock units (RSUs) which represent a contingent right to receive one share of Class A Common Stock.
  • The RSUs will vest on the date of the Issuer's 2025 annual meeting of stockholders.
  • Yiu Conrad also indirectly owns 2,786,321 shares of Class A Common Stock through Skyone Capital Pty Ltd ATF AS1 GF No.11.
  • As a director of SkyOne and a partner at AS1 Growth Partners Pty Ltd, Yiu Conrad may be deemed to have voting and dispositive power over these shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

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

Industry Context

This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency into the ownership structure and any changes in the holdings of company insiders.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders as it reflects a change in the ownership structure of the company.

Key Dates

DateDescription
05/29/2024Date of transaction: Acquisition of Class A Common Stock (RSUs).
05/31/2024Date of report filing.
2025RSUs will vest on the date of the Issuer's 2025 annual meeting of stockholders.

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