Form 4: FiscalNote Holdings Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Krystal Putman-Garcia, CMO and GM of Advocacy at FiscalNote Holdings, sold shares to cover tax obligations arising from vesting restricted stock units.
Summary
- On March 7, 2024, Krystal Putman-Garcia, CMO and GM, Advocacy at FiscalNote Holdings, Inc., disposed of 331 shares of Class A Common Stock to satisfy tax obligations.
- The shares were sold at a price of $2.06.
- Following the transaction, Putman-Garcia directly owns 97,725 shares of FiscalNote Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares to cover taxes is a normal occurrence and doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
This is a routine Form 4 filing, reflecting an insider transaction to cover tax obligations. Such transactions are common and don't necessarily indicate a change in the executive's confidence in the company.
Stakeholder Impact
- The sale of shares by an executive could have a minor, temporary impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Sale of shares to cover tax obligations. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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