Form 4: Health Catalyst Executive Sells Shares to Cover Tax Obligations
SEC Form 4
Benjamin Landry, General Counsel of Health Catalyst, Inc., sold 1,222 shares of common stock on September 3, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On September 3, 2024, Benjamin Landry, the General Counsel of Health Catalyst, Inc., sold 1,222 shares of the company's common stock.
- The sale was executed at a price of $7.2691 per share.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Landry directly owns 103,403 shares of Health Catalyst, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The sale of shares by an executive could have a minor negative impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of the stock sale transaction. |
| 09/05/2024 | Date of signature on the Form 4 filing. |
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