Form 4: HashiCorp Director Sigal Zarmi Reports Stock Transactions
SEC Form 4 Filing
Director Sigal Zarmi reported the vesting and acquisition of 6,434 Class A Common Stock shares and the acquisition of 5,571 Restricted Stock Units.
Summary
- On June 25, 2024, Sigal Zarmi, a director of HashiCorp, Inc., reported the vesting of 6,434 shares of Class A Common Stock.
- These shares were acquired through the vesting of Restricted Stock Units (RSUs).
- Following this transaction, Zarmi directly owns 47,105 shares of Class A Common Stock.
- Additionally, on June 26, 2024, Zarmi acquired 5,571 Restricted Stock Units (RSUs) which vest on the earlier of June 25, 2025, or the date of the Issuer's next annual meeting of stockholders.
- Zarmi directly owns 5,571 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral filing related to stock transactions by a company director, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 06/25/2024 | Vesting of 6,434 shares of Class A Common Stock from Restricted Stock Units. |
| 06/26/2024 | Acquisition of 5,571 Restricted Stock Units. |
| 06/25/2025 | Date when the acquired Restricted Stock Units vest, or the date of the Issuer's next annual meeting of stockholders. |
| 06/27/2024 | Date of the report filing. |
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