Form 4: Health Catalyst Executive Benjamin Landry Reports Stock Sale
SEC Form 4
Benjamin Landry, General Counsel of Health Catalyst, Inc., reports the sale of company stock to cover tax obligations and pursuant to a pre-arranged trading plan.
Summary
- On May 31, 2024, Benjamin Landry, General Counsel of Health Catalyst, sold 12,577 shares of common stock at a price of $6.6099 per share.
- On June 3, 2024, Landry sold 1,300 shares at $6.5333 per share to cover tax withholding obligations related to the vesting of restricted stock units.
- These transactions were reported on a Form 4 filing with the SEC.
- Following these transactions, Landry directly owns 107,012 shares of Health Catalyst common stock.
- The initial sale on May 31st was executed under a pre-arranged trading plan adopted on March 1, 2024, in accordance with Rule 10b5-1.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an insider. It doesn't inherently convey positive or negative sentiment, as the sales are explained by tax obligations and a pre-arranged trading plan.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of adoption of written trading plan by the Reporting Person in accordance with Rule 10b5-1. |
| 05/31/2024 | Date of sale of 12,577 shares of Common Stock at $6.6099. |
| 06/03/2024 | Date of sale of 1,300 shares of Common Stock at $6.5333 to cover tax withholding obligations. |
| 06/04/2024 | Date of signature on the Form 4 filing. |
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