Form 4: Heidrick & Struggles Executive Sarah Payne Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Chief Human Resources Officer Sarah Payne reports acquisition and disposal of Heidrick & Struggles International Inc. common stock and restricted stock units.
Summary
- On March 8, 2024, Sarah Payne acquired 6,037 shares of common stock at $0, representing restricted stock units.
- Following this transaction, Payne directly owns 32,802.261 shares of common stock.
- On March 9, 2024, Payne disposed of 973 shares of common stock at $31.79 to cover tax withholding obligations.
- After this disposal, Payne directly owns 31,829.261 shares of common stock.
- The restricted stock units vest in three equal installments on the first, second, and third anniversaries of the grant date.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reflecting routine stock transactions, and carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in Payne's holdings, but the overall effect is likely insignificant.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Acquisition of 6,037 shares of common stock (restricted stock units) |
| 03/09/2024 | Disposal of 973 shares of common stock for tax withholding |
| 03/13/2024 | Date of signature by Attorney-In-Fact |
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