Form 4: Forge Global Holdings CEO Kelly Rodriques Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Forge Global Holdings CEO Kelly Rodriques disposed of shares to cover tax withholding obligations related to the settlement of restricted stock units.
Summary
- On May 13, 2025, Kelly Rodriques, CEO of Forge Global Holdings, disposed of 5,497 shares of common stock to satisfy tax withholding obligations.
- The shares were withheld by the issuer in connection with the net settlement of restricted stock units.
- The transaction resulted in Rodriques directly owning 555,084 shares of Forge Global Holdings.
- Rodriques also indirectly owns 4,718 shares through Pensco Trust Co. LLC Custodian FBO Kelly Rodriques Roth IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This transaction appears to be a standard procedure for covering tax obligations related to stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: disposal of shares to cover tax obligations. |
| 05/15/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Forge Global Holdings, FRGE, Kelly Rodriques, Insider Trading, Stock Disposal, Tax Withholding, Restricted Stock Units
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