Form 4: FiscalNote Holdings SVP, General Counsel & Secretary Sells Shares to Cover Tax Obligations

Todd Aman, SVP, General Counsel & Secretary of FiscalNote Holdings, sold 790 shares of Class A Common Stock on May 7, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

• On May 7, 2025, Todd Aman, the SVP, General Counsel & Secretary of FiscalNote Holdings, sold 790 shares of Class A Common Stock.
• The shares were sold at a price of $0.6374 per share.
• The sale was executed to satisfy tax obligations arising from the vesting of 2,251 restricted stock units.
• This transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on May 12, 2023.
• Following the transaction, Todd Aman still beneficially owns 1,078,430 shares of FiscalNote Holdings.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock sale for tax purposes. It doesn't inherently indicate positive or negative sentiment, as it's a routine transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions. It is common for executives to sell shares to cover tax obligations related to vesting equity awards. The existence of a 10b5-1 plan suggests the sales were pre-planned.

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, Class A Common Stock