Form 4: FiscalNote Holdings CSO Gerald Yao Reports Tax-Related Stock Disposal
SEC Form 4 Filing
CSO and Director Gerald Yao of FiscalNote Holdings reports the disposal of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On July 8, 2024, Gerald Yao, CSO and Director of FiscalNote Holdings, Inc., reported a transaction involving Class A Common Stock.
- 1,059 shares were disposed of to satisfy tax obligations related to the vesting of 2,742 restricted stock units at a price of $1.79 per share.
- Following the transaction, Yao directly owns 4,000 shares and indirectly owns 74,814 shares through the Gerald Yao Revocable Trust Dated January 10, 2019.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| January 10, 2019 | Date of the Gerald Yao Revocable Trust |
| July 08, 2024 | Date of stock transaction |
| July 10, 2024 | Date of signature on the Form 4 filing |
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