Form 4: Guild Holdings Co COO Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
David Manuel Neylan, President and COO of Guild Holdings Co, disposed of 18,667 shares of common stock on October 22, 2024, to cover tax obligations related to dividend equivalent units.
Summary
- On October 22, 2024, David Manuel Neylan, the President and COO of Guild Holdings Co, disposed of 18,667 shares of common stock.
- The transaction was executed to cover tax obligations.
- The price per share was $14.92.
- Following the transaction, Neylan directly owns 381,705 shares of Guild Holdings Co.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction to cover tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.
Key Dates
| Date | Description |
|---|---|
| 10/22/2024 | Date of transaction: Disposal of shares to cover tax obligations |
| 10/23/2024 | Date of signature on the Form 4 filing |
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