Form 4: ICAD INC: Executive Officer Dana R Brown Reports Acquisition of 11,483 Shares to Satisfy Tax Obligations
SEC Form 4 Filing
Dana R Brown, President and CEO of ICAD INC, reports the acquisition of 11,483 shares of common stock to cover tax withholding requirements related to vested bonus shares.
Summary
- On April 14, 2025, Dana R Brown, President and CEO of ICAD INC, acquired 11,483 shares of common stock.
- The acquisition was made to satisfy tax withholding requirements on the vesting of bonus shares previously issued under the company's 2024 Omnibus Equity Incentive Plan.
- The shares were acquired at a price of $0.00.
- Following the transaction, Brown directly owns 54,350 shares of ICAD INC common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations on vested equity, and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that the executive is satisfying tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is related to tax obligations on existing equity compensation.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of Earliest Transaction |
| 04/14/2025 | Date of transaction where 11,483 shares of common stock were acquired. |
| 04/16/2025 | Date of signature for the Form 4 filing. |
Keywords
ICAD INC, Dana R Brown, Form 4, Beneficial Ownership, Executive Compensation, Tax Withholding, Equity Incentive Plan, Common Stock
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