Form 4: FiscalNote Executive Todd Aman Reports Routine Stock Disposition for Tax Obligations

FiscalNote Holdings, Inc. SVP and General Counsel Todd Aman reported the disposition of 12,557 shares of Class A Common Stock at $0.6501 per share to cover tax obligations related to restricted stock unit vesting.

Summary

• Todd Aman, SVP, General Counsel & Secretary of FiscalNote Holdings, Inc. (NOTE), reported a transaction involving the company's Class A Common Stock.
• On July 17, 2025, 12,557 shares of Class A Common Stock were disposed of at a price of $0.6501 per share.
• This disposition was marked with transaction code "F", indicating shares withheld to satisfy tax obligations.
• The shares were withheld upon the vesting of 42,814 restricted stock units.
• Following this transaction, Todd Aman beneficially owns 1,065,345 shares of Class A Common Stock directly.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The transaction is a routine tax withholding, not a discretionary sale, and indicates RSU vesting which is a positive compensation event. No negative implications for the company's operations or financial health are suggested.

Positives

• The transaction represents the vesting of 42,814 restricted stock units, indicating a compensation event for the executive.
• The disposition of shares was non-discretionary, solely to cover tax obligations, rather than a voluntary sale.

Negatives

• A reduction in direct share ownership by 12,557 shares, although for tax purposes.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disposition of shares for tax purposes is a common occurrence for executives receiving equity compensation and does not typically indicate a change in company fundamentals or strategy.
• Employees: The vesting of restricted stock units is a standard component of executive compensation.

Key Dates

Recommendation

Keywords

FiscalNote Holdings, NOTE, Todd Aman, SEC Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, Beneficial Ownership, Corporate Governance