Form 4: Forge Global Holdings Officer Discloses Routine Stock Disposition for Tax Obligations
Insider Transaction Report
Forge Global Holdings' Chief Accounting Officer, Catherine M. Dondzila, reported a routine disposition of 309 common shares to cover tax withholding obligations related to restricted stock units.
Summary
- Catherine M. Dondzila, Chief Accounting Officer of Forge Global Holdings, Inc. (FRGE), reported a transaction on June 10, 2025.
- The transaction involved the disposition of 309 shares of common stock, with a par value of $0.0001 per share, to the issuer.
- This disposition was specifically for satisfying tax withholding and remittance obligations associated with the net settlement of restricted stock units.
- Following this transaction, Ms. Dondzila beneficially owns 26,179 shares of Forge Global Holdings common stock.
Sentiment
Score: 5
Explanation: The document reports a routine insider transaction related to tax withholding on restricted stock units, which is a neutral event and does not indicate any significant positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Authorization of Filings | Catherine M. Dondzila, Chief Accounting Officer, executed a Limited Power of Attorney on June 11, 2025, appointing Kelly Rodriques and James Nevin as attorneys-in-fact to execute and file SEC forms (including Forms 3, 4, 5, and Schedules 13D/G) on her behalf. This facilitates compliance with Section 16 reporting requirements. | 06/11/2025 | Streamlines the process for insider reporting compliance, ensuring timely and accurate filings. |
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 06/10/2025 | Date of reported transaction (disposition of shares). |
| 06/11/2025 | Date the Limited Power of Attorney was executed by Catherine M. Dondzila. |
| 06/12/2025 | Date the Form 4 was signed and filed. |
Keywords
Forge Global Holdings, FRGE, SEC Form 4, Insider Transaction, Stock Ownership, Tax Withholding, Restricted Stock Units, Catherine M. Dondzila, Chief Accounting Officer
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