Form 4: Gold Resource Corp CFO Chet Holyoak Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Chet Holyoak, CFO of Gold Resource Corp, reports the forfeiture of 2,148 common stock units to cover tax liabilities related to vested and redeemed restricted stock units on March 17, 2024.
Summary
- On March 17, 2024, Chet Holyoak, the Chief Financial Officer of Gold Resource Corp, reported a transaction involving the forfeiture of 2,148 shares of common stock.
- The shares were forfeited to cover tax liabilities related to the vesting and redemption of restricted stock units (RSUs) under the company's 2016 Equity Incentive Plan.
- The forfeiture occurred through net-settlement at a price of $0.38 per share.
- Following the transaction, Holyoak directly owns 16,627 shares of Gold Resource Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates activity related to equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it relates to the internal management of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/17/2024 | Date of transaction: Forfeiture of common stock to cover tax liabilities related to vested RSUs. |
| 04/10/2024 | Date of signature on the Form 4 filing. |
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