Form 4: Hyperfine COO Thomas Teisseyre Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Hyperfine's Chief Operating Officer, Thomas Teisseyre, sold 2,746 shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On August 16, 2024, Thomas Teisseyre, the Chief Operating Officer of Hyperfine, Inc., sold 2,746 shares of Class A Common Stock.
- The shares were sold at a price of $1.05 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.
- Following the transaction, Teisseyre directly owns 91,027 shares of Hyperfine, Inc.
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.
Key Dates
| Date | Description |
|---|---|
| 03/28/2022 | Date of grant of restricted stock units (RSUs). |
| 04/28/2022 | Date of grant of restricted stock units (RSUs). |
| 08/16/2024 | Date of transaction: Sale of shares to cover tax obligations. |
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