Form 4: Heidrick & Struggles CFO Mark Harris Reports Changes in Beneficial Ownership

Mark Harris, CFO of Heidrick & Struggles International, reports acquisition and disposal of common stock and restricted stock units to satisfy tax obligations.

Summary

• On March 8, 2024, Mark Harris, CFO of Heidrick & Struggles International Inc., acquired 14,337 shares of common stock at $0.
• On March 9, 2024, Harris disposed of 3,289 shares of common stock at $31.79 to cover tax withholding obligations related to vesting restricted stock units.
• Following these transactions, Harris beneficially owns 74,254.019 shares of common stock.
• The reported transactions involve restricted stock units that vest in three equal installments annually from the grant date under the 2012 Heidrick & Struggles GlobalShare Program.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which is neutral in sentiment.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The transactions have a minimal impact on the company's financials.

Key Dates