HROW.NASDAQHarrow, INC

Form 4: Harrow Inc. CFO Andrew Boll Reports Stock Transactions Following PSU Vesting

Sentiment:

SEC Form 4


Andrew Boll, CFO of Harrow Inc., reports the vesting of performance stock units (PSUs) and subsequent transactions, including shares withheld for tax purposes.

Summary

  • On April 3, 2025, Andrew Boll, CFO of Harrow Inc., had 346,500 performance stock units (PSUs) vest.
  • These PSUs were granted on April 3, 2023, under Harrow's 2017 Stock Incentive and Awards Plan.
  • The PSUs vested after a two-year service period and the achievement of Harrow common stock price targets between $25 and $50.
  • On April 7, 2025, the vested PSUs were settled in shares of Harrow common stock on a one-for-one basis.
  • The company withheld 136,745 shares of Harrow common stock for payroll tax purposes from the 346,500 shares.
  • These shares were not sold by Mr. Boll in any market transaction.
  • Following these transactions, Mr. Boll beneficially owns 777,844 shares of Harrow common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The vesting of PSUs and subsequent tax withholding may have a minor impact on the company's share structure and financial statements.

Key Dates

DateDescription
April 3, 2023Date performance stock units (PSUs) were granted to Andrew Boll under Harrow's 2017 Stock Incentive and Awards Plan.
April 3, 2025Date performance stock units (PSUs) vested.
April 7, 2025Date the vested PSUs were settled in shares of Harrow common stock and shares were withheld for payroll tax purposes.

Keywords

Harrow Inc., Andrew Boll, CFO, performance stock units, PSUs, stock vesting, Form 4, beneficial ownership, stock incentive plan, payroll tax withholding

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.