Form 4: Health Catalyst Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Linda Llewelyn, Chief People Officer of Health Catalyst, sold 1,716 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On June 3, 2024, Linda Llewelyn, the Chief People Officer of Health Catalyst, Inc. (HCAT), sold 1,716 shares of common stock.
- The sale was executed at a price of $6.5333 per share.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of the Issuer's Restricted Stock Units.
- Following the transaction, Llewelyn directly owns 122,444 shares of Health Catalyst common stock.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction (sell to cover taxes) and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Executive stock sales for tax obligations are a common practice and do not necessarily indicate a negative outlook on the company's future.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact due to the nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Sale of 1,716 shares of common stock. |
| 06/04/2024 | Date of signature on the Form 4 filing. |
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