Form 4: HashiCorp's Chief Marketing Officer, Marc Holmes, Reports Stock Transactions

Chief Marketing Officer of HashiCorp, Marc Holmes, reports the acquisition and disposal of Class A and Class B Common Stock, including transactions related to Restricted Stock Units (RSUs).

Summary

• On September 20, 2024, Marc Holmes, Chief Marketing Officer of HashiCorp, reported transactions involving Class A and Class B Common Stock.
• These transactions included the acquisition of 21,372 shares of Class A Common Stock, the conversion of 8,650 shares of Class B Common Stock into Class A Common Stock, and the sale of 11,854 shares of Class A Common Stock at a weighted average price of $33.841.
• The transactions also involved the vesting and conversion of Restricted Stock Units (RSUs) into Class A and Class B Common Stock.
• Following these transactions, Holmes directly owns 22,536 shares of Class A Common Stock and varying amounts of unvested RSUs.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions. No inherent positive or negative implications.

Future Outlook

The remaining RSUs vest in quarterly installments beginning on December 20, 2024, over varying periods (4, 6, 10, or 14 quarters).

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of shares.
• The vesting of RSUs impacts the executive's compensation.

Key Dates