Form 4: HealthStream Inc. Executive Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President Michael Scott McQuigg reports the vesting of restricted share units and subsequent tax withholding.
Summary
- On September 27, 2024, Michael Scott McQuigg, a Senior Vice President at HealthStream Inc., reported transactions involving HealthStream's common stock.
- McQuigg acquired 422 shares of common stock upon the vesting of restricted share units (RSUs) at a price of $0.
- Simultaneously, 103 shares were withheld for payment of tax liability at a price of $28.31.
- Following these transactions, McQuigg directly owns 21,178 shares of HealthStream Inc.
- McQuigg also holds 2,390 restricted share units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for maintaining market integrity and investor confidence.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 09/20/2024 | 15% of RSUs vest |
| 09/27/2024 | Date of stock transactions: RSU vesting and tax withholding |
| 09/20/2025 | 20% of RSUs vest |
| 09/20/2026 | 30% of RSUs vest |
| 09/20/2027 | 35% of RSUs vest |
| 10/01/2024 | Date of signature on the Form 4 filing |
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