FCN.NYSEFti Consulting, INC

Form 4: FTI Consulting CFO Ajay Sabherwal Reports Stock Disposals to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing

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FTI Consulting's CFO, Ajay Sabherwal, reported the disposal of common stock to cover tax liabilities related to vested restricted stock.

Summary

  • On March 12, 2024, Ajay Sabherwal, CFO of FTI Consulting, filed a Form 4 with the SEC.
  • The form details the disposal of FTI Consulting common stock to cover tax liabilities on vested restricted stock.
  • Specifically, 252 shares were disposed of on March 8, 2024, 313 shares on March 9, 2024, and 310 shares on March 10, 2024, all at a price of $204.08.
  • Following these transactions, Sabherwal beneficially owns 16,855 shares of FTI Consulting common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock disposals for tax purposes, which is a neutral event.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock disposals to cover tax obligations related to vested restricted stock, a common practice.

Stakeholder Impact

  • The stock disposal is unlikely to have a significant impact on stakeholders as it is a routine transaction to cover tax obligations.

Key Dates

DateDescription
03/08/2024Disposal of 252 shares of common stock at $204.08 to cover tax liability.
03/09/2024Disposal of 313 shares of common stock at $204.08 to cover tax liability.
03/10/2024Disposal of 310 shares of common stock at $204.08 to cover tax liability.
03/12/2024Date of Form 4 filing.

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