Form 4: Health Catalyst Director S. Dawn Smith Receives 20,807 Restricted Stock Units

Director S. Dawn Smith of Health Catalyst, Inc. was granted 20,807 Restricted Stock Units (RSUs) on June 13, 2024, according to a Form 4 filing.

Summary

• S. Dawn Smith, a director of Health Catalyst, Inc., received 20,807 Restricted Stock Units (RSUs) on June 13, 2024.
• The RSUs were granted under the company's 2019 Plan.
• Each RSU represents the right to receive one share of Health Catalyst's common stock.
• The RSUs will fully vest on the earlier of (i) the one-year anniversary of the grant date or (ii) the date of the next Annual Meeting of the Issuer's Stockholders.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally to positively as it aligns management interests with shareholders.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The RSUs will vest based on the terms of the 2019 Plan, incentivizing the director's continued service and contribution to the company's success.

Industry Context

Granting RSUs to directors is a common practice in the industry to align their interests with those of the shareholders and incentivize long-term value creation.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it incentivizes the director to work towards increasing shareholder value.

Key Dates