Form 4: Health Catalyst COO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Daniel LeSueur, COO of Health Catalyst, sold shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- Daniel LeSueur, the Chief Operating Officer of Health Catalyst, Inc. (HCAT), reported a transaction on March 3, 2025, where shares were sold to cover tax withholding obligations.
- A total of 9,232 shares of common stock were sold at a price of $4.5771 per share.
- This transaction was not a discretionary trade but was mandated by the issuer's election under its equity incentive plans to cover tax obligations.
- Following the transaction, LeSueur still beneficially owns 233,152 shares of Health Catalyst, Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's prospects.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives. This transaction is a routine event and doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction (stock sale to cover tax obligations). |
| 03/04/2025 | Date of signature by Attorney-in-Fact. |
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