Form 4: HashiCorp Director Sigal Zarmi Reports Stock Transactions
SEC Form 4
Director Sigal Zarmi reports transactions involving HashiCorp Class A and Class B common stock, including the vesting and conversion of restricted stock units.
Summary
- On December 20, 2024, Sigal Zarmi, a director of HashiCorp, Inc., engaged in transactions involving the company's stock.
- These transactions included the vesting of 531 restricted stock units (RSUs) which converted into Class A Common Stock.
- Additionally, 3,125 Class B Common Stock were converted into Class A Common Stock.
- Following these transactions, Zarmi directly owns 54,416 shares of Class A Common Stock.
- Zarmi also holds 3,125 Restricted Stock Units that will vest on March 20, 2025.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing stock transactions. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The remaining RSUs will vest on March 20, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 12/20/2024 | Date of stock transactions including RSU vesting and stock conversion. |
| 03/20/2025 | Date when remaining RSUs will vest. |
| 12/23/2024 | Date of signature on the Form 4 filing. |
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