Form 4: FiscalNote Holdings Executive Sells Shares to Cover Tax Obligations

Todd Aman, SVP, General Counsel & Secretary of FiscalNote Holdings, sold 551 shares of Class A Common Stock to cover tax obligations related to vesting restricted stock units.

Summary

• On February 18, 2025, Todd Aman, SVP, General Counsel & Secretary of FiscalNote Holdings, sold 551 shares of Class A Common Stock.
• The sale was executed at a price of $1.7 per share.
• The transaction was made to satisfy tax obligations upon the vesting of 1,501 restricted stock units.
• The sale was conducted under a Rule 10b5-1 trading plan adopted on May 12, 2023.
• Following the transaction, Aman directly owns 170,377 shares of FiscalNote Holdings, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) by an executive, which is neither particularly positive nor negative.

Industry Context

Sales to cover taxes on vesting shares are a common practice among company executives and are generally viewed as a normal part of executive compensation.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale and the relatively small number of shares involved.

Key Dates

Keywords

FiscalNote Holdings, Todd Aman, Form 4, SEC Filing, Stock Sale, Insider Trading, Rule 10b5-1, Tax Obligations, Restricted Stock Units, NOTE