Form 4: FiscalNote Holdings CSO Gerald Yao Reports Tax-Related Stock Disposal
SEC Form 4 Filing
FiscalNote Holdings CSO Gerald Yao disposed of 914 shares of Class A Common Stock to cover tax obligations arising from vesting restricted stock units.
Summary
- On October 7, 2024, Gerald Yao, CSO and Director of FiscalNote Holdings, Inc., disposed of 914 shares of Class A Common Stock.
- The transaction was executed to satisfy tax obligations related to the vesting of 2,742 restricted stock units.
- The shares were disposed of at a price of $1.17 per share.
- Following the transaction, Yao directly owns 4,000 shares of Class A Common Stock and indirectly owns 197,120 shares through the Gerald Yao Revocable Trust Dated January 10, 2019.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, and does not indicate a positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| January 10, 2019 | Date of Gerald Yao Revocable Trust |
| October 07, 2024 | Date of stock disposal transaction |
| October 09, 2024 | Date of signature on the Form 4 filing |
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