Form 4: Forge Global Holdings CEO Kelly Rodriques Reports Tax-Related Stock Disposal

CEO Kelly Rodriques disposed of 274,226 shares of Forge Global Holdings stock on March 28, 2024, to cover tax obligations related to restricted stock units.

Summary

• On March 28, 2024, Kelly Rodriques, CEO of Forge Global Holdings, disposed of 274,226 shares of common stock to satisfy tax withholding obligations.
• The transaction was executed at a price of $0 per share, as it was related to the net settlement of restricted stock units.
• Following the transaction, Rodriques directly owns 10,639,550 shares.
• Rodriques also indirectly owns 69,772 shares through Pensco Trust Co. LLC Custodian FBO Kelly Rodriques Roth IRA.
• Additionally, Rodriques indirectly owns 1,596,734 shares through Operative Capital SPV I, LLC and 689,045 shares through Operative Capital LP.
• Rodriques disclaims beneficial ownership of shares held by Operative Capital SPV I, LLC and Operative Capital LP except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax-related stock disposal, which is a common occurrence.

Stakeholder Impact

• The stock disposal is unlikely to have a significant impact on stakeholders as it is a routine transaction to cover tax obligations.

Key Dates