Form 4: Heidrick & Struggles Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
Tracey Heaton, Chief Legal Officer & Corp Sec of Heidrick & Struggles International, reports acquisition and disposal of company stock.
Summary
- On March 7, 2025, Tracey Heaton acquired 5,338 shares of Heidrick & Struggles International Inc. common stock at $0.
- These shares were obtained through Restricted Stock Units (RSUs) that vest in three equal installments annually.
- On March 10, 2025, Ms. Heaton disposed of 4,974 shares at a price of $46.83.
- These shares were retained by Heidrick & Struggles International, Inc. to cover tax withholding obligations related to the vesting of Restricted Stock Units and Performance Stock Units.
- Following these transactions, Ms. Heaton directly owns 17,084 shares of common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine stock transactions related to compensation and tax obligations.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider trading activity related to compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Acquisition of 5,338 shares of common stock through Restricted Stock Units. |
| 03/10/2025 | Disposal of 4,974 shares of common stock to cover tax withholding obligations at $46.83. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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