Form 4: HashiCorp Director Todd R. Ford Reports Stock Transaction
SEC Form 4 Filing
Director Todd R. Ford of HashiCorp, Inc. reports the vesting and subsequent disposal of 840 Class A Common Stock units on December 20, 2024.
Summary
- On December 20, 2024, Todd R. Ford, a director of HashiCorp, Inc., had 840 Restricted Stock Units (RSUs) vest.
- Each RSU represents a contingent right to receive one share of Issuer Class A Common Stock.
- All 840 RSUs vested on December 20, 2024, and were subsequently disposed of.
- Following the reported transaction, Ford directly owns 69,334 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 12/20/2024 | Date of transaction: vesting and disposal of 840 Restricted Stock Units. |
| 12/23/2024 | Date of report signature. |
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