HYPR.NASDAQHyperfine, INC

4/A: Hyperfine COO Thomas Teisseyre Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4/A (Amendment)


Hyperfine's Chief Operating Officer, Thomas Teisseyre, sold 3,238 shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

  • Thomas Teisseyre, the Chief Operating Officer of Hyperfine, Inc., sold 3,238 shares of Class A Common Stock on February 20, 2025, at a price of $1.08 per share.
  • The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs) granted on March 28, 2022, and April 28, 2022.
  • This transaction was conducted under a 'sell to cover' provision included in the RSU Agreement.
  • Following the transaction, Teisseyre directly owns 84,989 shares of Class A Common Stock.
  • This Form 4/A is an amendment to a previous filing to correct the transaction date and the number of shares in Table I, Columns 4 and 5.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives and employees.

Stakeholder Impact

  • The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

DateDescription
March 28, 2022Date of grant of restricted stock units (RSUs).
April 28, 2022Date of grant of restricted stock units (RSUs).
February 18, 2025Date of original Form 4 filing.
February 20, 2025Date of transaction (share sale) and amended Form 4/A filing.

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