Form 4: Health Catalyst Executive Benjamin Landry Reports Stock Awards
SEC Form 4 Filing
Benjamin Landry, General Counsel of Health Catalyst, reports the acquisition of restricted stock units and performance-based restricted stock units.
Summary
- Benjamin Landry, General Counsel of Health Catalyst, filed a Form 4 on February 24, 2025, reporting transactions related to Health Catalyst, Inc. [HCAT] stock.
- On February 20, 2025, Landry acquired 97,500 restricted stock units (RSUs) and 13,538 performance-based restricted stock units (PRSUs).
- Following these transactions, Landry beneficially owns 183,288 shares of Health Catalyst common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock awards, indicating a neutral sentiment.
Positives
- The award of PRSUs indicates that Health Catalyst met certain performance criteria for the fiscal year ended December 31, 2024.
Future Outlook
The RSUs vest over time, with 33.33% vesting on December 1, 2025, and the remaining 66.67% vesting in 8 equal quarterly installments.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.
Stakeholder Impact
- The stock awards align executive interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: acquisition of RSUs and PRSUs |
| 12/01/2025 | First vesting date for 33.33% of the RSUs |
| 02/24/2025 | Date of Form 4 filing |
| 12/31/2024 | End of fiscal year for performance criteria related to PRSUs |
Keywords
Form 4, Health Catalyst, HCAT, restricted stock units, performance-based restricted stock units, beneficial ownership, Benjamin Landry, General Counsel
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