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

Paul Donnell, Chief Accounting Officer of FiscalNote Holdings, sold 491 shares of Class A Common Stock to cover tax obligations arising from the vesting of restricted stock units.

Summary

• On April 7, 2025, Paul Donnell, the Chief Accounting Officer of FiscalNote Holdings, Inc., sold 491 shares of Class A Common Stock.
• The sale was executed at a price of $0.7458 per share.
• This transaction was conducted to satisfy the reporting person's tax obligation upon the vesting of 1,250 restricted stock units.
• The sale was made pursuant to a Rule 10b5-1 trading plan adopted on May 12, 2023.
• Following the transaction, Donnell directly owns 105,651 shares of FiscalNote Holdings, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations). It doesn't indicate any particularly positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, indicating an insider transaction. Such filings are common and provide transparency into the trading activities of company insiders. The sale appears to be related to tax obligations, which is a typical reason for such transactions.

Stakeholder Impact

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

Key Dates

Keywords

FiscalNote Holdings, Paul Donnell, Form 4, insider trading, stock sale, tax obligations, Rule 10b5-1, restricted stock units, chief accounting officer