Form 4: Health Catalyst Executive Sells Shares to Cover Tax Obligations
SEC Form 4
Linda Llewelyn, Chief People Officer of Health Catalyst, sold shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 1, 2024, Linda Llewelyn, the Chief People Officer of Health Catalyst, Inc. (HCAT), sold 3,439 shares of common stock.
- The sale was executed at a price of $8.0512 per share.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Llewelyn directly owns 130,236 shares of Health Catalyst common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes). It's neutral in sentiment.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and are generally viewed as routine transactions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the stock sale transaction. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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