Form 4: Hallador Energy CFO Lawrence D. Martin Reports Stock Transactions
SEC Form 4 Filing
Hallador Energy CFO Lawrence D. Martin reports the vesting and subsequent withholding of shares to cover tax obligations.
Summary
- On April 1, 2024, Lawrence D. Martin, CFO of Hallador Energy Co., reported transactions involving Hallador Energy common stock.
- 57,971 Restricted Stock Units (RSUs) vested, each representing one share of Hallador Common Stock.
- The vesting of these RSUs was a transaction reported under transaction code 'M'.
- 25,739 shares were withheld by the issuer to satisfy payroll tax withholding requirements at a price of $5.33.
- Following these transactions, Martin directly owns 413,049 shares of Hallador Energy common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and stock transactions, and does not inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CFO, trade in their company's stock. It provides transparency to investors about the transactions of company leadership.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of RSU vesting and share withholding for tax obligations. |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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