Form 4: Forge Global Holdings Executive Jennifer Phillips Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Jennifer Phillips, Chief Revenue & Growth Officer of Forge Global Holdings, disposed of 18,032 shares to cover tax obligations related to restricted stock units.
Summary
- On August 12, 2024, Jennifer Phillips, the Chief Revenue & Growth Officer of Forge Global Holdings, reported a transaction involving the disposal of 18,032 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations related to the net settlement of restricted stock units.
- Following the transaction, Phillips directly owns 1,054,669 shares of Forge Global Holdings.
- The transaction was reported on August 13, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
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 |
|---|---|
| 08/12/2024 | Date of stock disposal transaction |
| 08/13/2024 | Date of Form 4 filing |
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