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 50,838 shares to cover tax obligations related to restricted stock units.
Summary
- On March 14, 2025, Jennifer Phillips, Chief Revenue & Growth Officer of Forge Global Holdings, filed a Form 4.
- The filing reports the disposal of 50,838 shares of common stock to satisfy tax withholding obligations related to the net settlement of restricted stock units.
- The shares were disposed of at a price of $0.
- Following the transaction, Phillips directly owns 629,214 shares of Forge Global Holdings.
- The transaction was executed pursuant to the net settlement of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into insider transactions, allowing investors to monitor the actions of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction (stock disposal). |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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