Form 4: Forian Inc. CFO Michael Vesey Reports Tax-Related Share Withholding
SEC Form 4 Filing
Michael Vesey, CFO of Forian Inc., reports the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On February 13, 2025, Michael Vesey, the Chief Financial Officer of Forian Inc., reported a transaction on SEC Form 4.
- The transaction involved the withholding of 4,971 common stock shares by Forian Inc. to satisfy tax withholding obligations.
- This was not a market transaction but a net settlement of vested restricted stock units.
- Following the transaction, Vesey directly owns 433,682 shares of Forian Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to tax obligations, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect broader industry trends but is a standard practice for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of the transaction (share withholding for tax obligations). |
| 02/18/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SEC Filing, Forian Inc., Michael Vesey, CFO, Share Withholding, Tax Obligations, Restricted Stock Units
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