Form 4: Forge Global Holdings Officer Jennifer Phillips Reports Tax Withholding Share Disposal
SEC Form 4 Filing
Jennifer Phillips, Chief Revenue & Growth Officer of Forge Global Holdings, reports the disposal of 1,681 common stock shares to cover tax obligations related to restricted stock units.
Summary
- On May 13, 2025, Jennifer Phillips, Chief Revenue & Growth Officer of Forge Global Holdings, filed a Form 4.
- The filing reports the disposal of 1,681 shares of common stock to satisfy tax withholding obligations.
- Following the transaction, Phillips directly owns 20,559 shares of Forge Global Holdings.
- The shares were disposed of at a price of $0.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential shifts in ownership and sentiment.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction (disposal of shares) |
| 05/15/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Forge Global Holdings, Jennifer Phillips, insider trading, share disposal, tax withholding, restricted stock units, FRGE
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