Form 4: Forge Global Holdings CEO Kelly Rodriques Reports Share Transactions
SEC Form 4 Filing
CEO Kelly Rodriques reports the withholding of shares to cover tax obligations and details indirect ownership through related entities.
Summary
- On May 10, 2024, Kelly Rodriques, CEO of Forge Global Holdings, reported transactions involving the company's common stock.
- 43,372 shares were withheld by the issuer to cover tax obligations related to the net settlement of restricted stock units.
- Rodriques directly owns 10,344,336 shares of Forge Global Holdings.
- He also has indirect ownership through Pensco Trust Co. LLC Custodian FBO Kelly Rodriques Roth IRA (69,772 shares), Operative Capital SPV I, LLC (1,596,734 shares), and Operative Capital LP (689,045 shares).
- Rodriques disclaims beneficial ownership of shares held by Operative Capital LP and Operative Capital SPV I, LLC except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing share transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the withholding of shares for tax obligations is a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of the reported transactions. |
| 05/14/2024 | Date of signature by Attorney-in-Fact. |
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.