Form 4: FiscalNote Holdings Executive Acquires Shares and Stock Options

Paul Donnell, Chief Accounting Officer of FiscalNote Holdings, reports acquisition of shares and stock options.

Summary

• Paul Donnell, the Chief Accounting Officer of FiscalNote Holdings, Inc., filed a Form 4 on August 01, 2024.
• The form reports changes in beneficial ownership of securities.
• On July 17, 2024, Donnell acquired 82,768 shares of Class A Common Stock at $0 and 55,179 stock options with an exercise price of $1.97.
• Following these transactions, Donnell directly owns 108,069 shares of Class A Common Stock and 55,179 stock options.
• The stock options vest over time, with one-fourth vesting on July 17, 2025, and an additional one-sixteenth vesting quarterly thereafter.
• The restricted stock units vest with one-third vesting on the first anniversary of the vesting commencement date, July 17, 2024, and one-twelfth vesting quarterly thereafter.

Sentiment

Score: 6

Explanation: Neutral sentiment. The document simply reports transactions by an officer, which could be interpreted as a sign of confidence, but without further context, it's difficult to gauge the overall impact.

Positives

• The acquisition of shares and stock options by a key executive could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions could influence investor sentiment regarding FiscalNote Holdings.

Key Dates