Form 4: Groupon Director Theodore Leonsis Reports Stock Transactions
SEC Form 4 Filing
Director Theodore Leonsis reports acquisition and disposal of Groupon stock, including the grant of restricted stock units.
Summary
- On June 12, 2024, Theodore Leonsis, a director of Groupon, Inc., reported transactions involving the company's common stock.
- Leonsis acquired 13,343 shares of common stock at $0, and disposed of 218,600 shares.
- He also received restricted stock units (RSUs) which will vest on June 12, 2025.
- Following these transactions, Leonsis beneficially owns 218,600 shares of Groupon stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The restricted stock units granted on June 12, 2024, will vest on June 12, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company director, which is common practice for publicly traded companies.
Stakeholder Impact
- The reported transactions provide transparency to shareholders regarding the director's holdings and recent trading activity.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of stock acquisition, disposal, and RSU grant. |
| 06/12/2025 | Vesting date for the restricted stock units. |
| 06/14/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.