Form 4: HashiCorp Director Henshall Reports Stock Unit Activity
SEC Form 4 Filing
Director David J Henshall of HashiCorp, Inc. reports the vesting of restricted stock units and subsequent acquisition of Class A Common Stock.
Summary
- On March 20, 2024, David J Henshall, a director of HashiCorp, Inc., reported a transaction involving restricted stock units (RSUs).
- 563 RSUs vested, converting into 563 shares of Class A Common Stock.
- Following the transaction, Henshall directly owns 37,224 shares of Class A Common Stock and 1,690 derivative securities.
- The remaining RSUs vest in three equal quarterly installments beginning on June 20, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Future Outlook
The remaining RSUs vest in three equal quarterly installments beginning on June 20, 2024.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the ongoing vesting of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of transaction: vesting of restricted stock units and acquisition of Class A Common Stock |
| 06/20/2024 | Start date for the remaining RSUs to vest in three equal quarterly installments |
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