Form 4: Heliogen Chief Accounting Officer Reports Tax Withholding Transactions
SEC Form 4 Filing
Wilda Siu, Chief Accounting Officer of Heliogen, Inc., reports the withholding of shares by the issuer to cover income tax obligations related to vesting restricted stock units.
Summary
- On June 17, 2024, Wilda Siu, Chief Accounting Officer of Heliogen, Inc., reported transactions involving common stock.
- The transactions involved the withholding of 293 and 34 shares by Heliogen to satisfy income tax obligations related to the vesting and net settlement of restricted stock units at a price of $1.96 per share.
- Following these transactions, Siu directly owns 30,798 shares of Heliogen common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax withholding procedures, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
Form 4 filings are a routine part of compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to tax obligations on existing equity compensation.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of the reported transactions involving the withholding of shares for tax obligations. |
| 06/25/2024 | Date of signature by Deborah Chen, Attorney-in-Fact. |
Keywords
Heliogen, HLGN, Form 4, Insider Trading, Beneficial Ownership, Wilda Siu, Chief Accounting Officer, Tax Withholding, Restricted Stock Units
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