Form 4: HashiCorp Director Glenn Solomon Reports Changes in Beneficial Ownership

Director Glenn Solomon reports changes in beneficial ownership of HashiCorp, Inc. stock due to the vesting of restricted stock units.

Summary

• Glenn Solomon, a director of HashiCorp, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• The report indicates the vesting of 486 Class A Common Stock shares on March 20, 2024, due to the vesting of Restricted Stock Units (RSUs).
• Following the transaction, Solomon directly owns 970 shares of Class A Common Stock.
• Solomon also indirectly owns shares through GGV Capital V L.L.C., a family trust, GGV Capital Select L.P., and GGV Capital LLC, but disclaims beneficial ownership except to the extent of his pecuniary interest.
• The remaining RSUs vest in three equal quarterly installments beginning on June 20, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions.

Future Outlook

The remaining RSUs will vest in three equal quarterly installments beginning on June 20, 2024.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates