Form 4: HashiCorp Director Sigal Zarmi Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Sigal Zarmi reported the acquisition and disposal of HashiCorp Class A and Class B common stock and restricted stock units.

Summary

  • On September 20, 2024, Sigal Zarmi, a director of HashiCorp, Inc., engaged in transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
  • Zarmi acquired 530 shares of Class A Common Stock through the vesting of RSUs and converted 3,125 shares of Class B Common Stock into Class A Common Stock.
  • Following these transactions, Zarmi directly owns 47,635 shares of Class A Common Stock and 531 RSUs that vest on December 20, 2024.
  • Additionally, Zarmi directly owns 6,250 RSUs that vest in two equal quarterly installments beginning on December 20, 2024.
  • Zarmi also directly owns 3,125 shares of Class A Common Stock and 0 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies. It provides transparency to the market regarding the actions of company leadership.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

DateDescription
09/20/2024Date of earliest transaction (acquisition/disposal of securities).
09/20/2024Restricted Stock Units vest on December 20, 2024.
09/20/2024Restricted Stock Units vest in two equal quarterly installments beginning on December 20, 2024.
09/23/2024Date of signature for the Form 4 filing.
12/20/2024Remaining RSUs vest on this date.
12/20/2024Remaining RSUs vest in two equal quarterly installments beginning on this date.

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