Form 4: FiscalNote Holdings Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Paul Donnell, Chief Accounting Officer of FiscalNote Holdings, sold 517 shares of Class A Common Stock to cover tax obligations arising from vesting restricted stock units.
Summary
- On May 7, 2025, Paul Donnell, the Chief Accounting Officer of FiscalNote Holdings, Inc., sold 517 shares of Class A Common Stock.
- The sale was executed at a price of $0.6374 per share.
- This transaction was conducted to satisfy the reporting person's tax obligation upon the vesting of 1,288 restricted stock units.
- The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on May 12, 2023.
- Following the transaction, Donnell directly owns 415,945 shares of FiscalNote Holdings, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.
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 executives. The sale to cover tax obligations is a typical practice.
Key Dates
| Date | Description |
|---|---|
| 05/12/2023 | Date of adoption of Rule 10b5-1 trading plan |
| 05/07/2025 | Date of transaction (stock sale) |
| 05/09/2025 | Date of signature on the Form 4 filing |
Keywords
FiscalNote Holdings, Paul Donnell, Form 4, insider trading, stock sale, tax obligations, Rule 10b5-1, restricted stock units, NOTE
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.