Form 4: Infinera Corp: Chief Legal Officer David Teichmann Reports Stock Transactions
SEC Form 4 Filing
David Teichmann, Chief Legal Officer of Infinera Corp, reports the vesting and subsequent sale of shares to cover tax obligations.
Summary
- On March 5, 2024, David Teichmann, the Chief Legal Officer of Infinera Corp, reported transactions involving common stock and Restricted Stock Units (RSUs).
- Teichmann vested 4,583 shares of common stock from RSUs.
- He then disposed of 2,566 shares to cover tax obligations at a price of $5.15 per share.
- Following these transactions, Teichmann directly owns 257,749 shares of common stock and 18,334 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a standard Form 4 filing, reflecting routine stock transactions by a company insider. These filings are common and provide transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock transactions (vesting and disposal for tax obligations) |
| 03/06/2024 | Date of signature for the report |
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