Form 4: Health Catalyst Director, Anita Pramoda, Acquires Shares Through Vesting of Restricted Stock Units
SEC Form 4
Anita Pramoda, a director at Health Catalyst, acquired 1,847 shares of common stock through the vesting of restricted stock units on December 1, 2024.
Summary
- Anita Pramoda, a director at Health Catalyst, acquired 1,847 shares of common stock.
- The acquisition occurred through the vesting of restricted stock units (RSUs).
- These RSUs were granted under the company's 2019 Stock Option and Incentive Plan.
- Each RSU represents the right to receive one share of Health Catalyst common stock.
- The RSUs vested on December 1, 2024, as per the terms of the 2019 Plan and the company's Non-Employee Director Compensation Policy.
- The price per share was $0.00 as the shares were acquired through vesting.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders.
Positives
- The vesting of RSUs indicates that the director has met the conditions for receiving the shares.
- The acquisition of shares by a director can be seen as a positive sign of confidence in the company.
Industry Context
This is a standard transaction for a director's compensation package, and is common in publicly traded companies.
Comparison to Industry Standards
- The vesting of restricted stock units is a common form of compensation for directors in publicly traded companies.
- Many companies use similar stock option and incentive plans to align the interests of directors with those of shareholders.
- The specific vesting terms and conditions are typically outlined in the company's compensation policy and stock option plan.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 12/01/2024 | Date of the transaction where the restricted stock units vested and shares were acquired. |
| 12/03/2024 | Date the SEC Form 4 was signed by the Attorney-in-Fact. |
Keywords
Health Catalyst, Director, Anita Pramoda, Restricted Stock Units, RSUs, Stock Vesting, Share Acquisition, Insider Trading, SEC Form 4
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