Form 4: Genasys Inc. CFO Dennis D. Klahn Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Genasys Inc.'s CFO, Dennis D. Klahn, reports a transaction involving the disposal of common stock to cover tax obligations from vesting restricted stock units.
Summary
- On February 14, 2025, Dennis D. Klahn, CFO/Secretary of Genasys Inc., reported a transaction involving common stock.
- The transaction involved the disposal of 4,108 shares at a price of $3.38.
- This disposal was to satisfy tax withholding obligations related to the vesting of previously reported restricted stock unit awards.
- Following the transaction, Klahn directly owns 72,389 shares of Genasys Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction involving the disposal of common stock. |
| 02/18/2025 | Date of signature for the Form 4 filing. |
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