Form 4: Forge Global Holdings: Chief Legal Officer Reports Tax-Related Share Withholding
SEC Form 4 Filing
Johnathan H. Short, Chief Legal Officer of Forge Global Holdings, reports the withholding of 11,931 shares to cover tax obligations related to the settlement of restricted stock units on March 28, 2024.
Summary
- On March 28, 2024, Johnathan H. Short, the Chief Legal Officer of Forge Global Holdings, reported a transaction involving the withholding of company shares to cover tax obligations.
- A total of 11,931 shares of common stock were withheld by the issuer to satisfy tax withholding and remittance obligations related to the net settlement of restricted stock units.
- Following this transaction, Short directly owns 1,745,340 shares of Forge Global Holdings.
- The transaction was reported on April 1, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations. It doesn't indicate positive or negative sentiment regarding the company's performance.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for companies to withhold shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Shares withheld for tax obligations. |
| 04/01/2024 | Date of report filing. |
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