Form 4: Getaround's General Counsel Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Spencer D. Jackson, General Counsel & Secretary of Getaround, Inc., disposed of shares to cover tax obligations related to the settlement of restricted stock units.
Summary
- On August 20, 2024, Spencer D. Jackson, the General Counsel & Secretary of Getaround, Inc., disposed of 7,806 shares of common stock.
- The transaction was executed to satisfy tax obligations related to the acquisition of shares from the settlement of vested restricted stock units.
- The shares were sold at a price of $0.046 per share.
- Following the transaction, Jackson directly owns 406,627 shares of Getaround's common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations. It doesn't indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction appears to be routine, related to tax obligations from stock vesting.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of transaction: Spencer D. Jackson disposed of shares to cover tax obligations. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
Keywords
Getaround, Spencer D. Jackson, Form 4, insider trading, stock disposal, tax obligations, restricted stock units, GETR
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