Form 4: FiscalNote Holdings SVP, General Counsel & Secretary Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Todd Aman, SVP, General Counsel & Secretary of FiscalNote Holdings, sold 793 shares of Class A Common Stock on August 7, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On August 7, 2024, Todd Aman, the SVP, General Counsel & Secretary of FiscalNote Holdings, sold 793 shares of Class A Common Stock.
- The shares were sold at a price of $1.3998 per share.
- The sale was executed to satisfy the reporting person's tax obligations upon the vesting of 2,251 restricted stock units.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on May 12, 2023.
- Following the transaction, Todd Aman beneficially owns 170,064 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations under a pre-existing trading plan.
Industry Context
This is a routine Form 4 filing related to an insider selling shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| May 12, 2023 | Date of adoption of Rule 10b5-1 trading plan |
| August 07, 2024 | Date of transaction (sale of shares) |
| August 09, 2024 | Date of signature on the Form 4 filing |
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