Form 4: Informatica CEO Amit Walia Reports Stock Transaction
SEC Form 4 Filing
CEO Amit Walia of Informatica Inc. reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On August 15, 2024, Amit Walia, the CEO of Informatica Inc., reported a transaction involving Class A Common Stock.
- 96,312 shares were disposed of to cover tax obligations related to the vesting of Restricted Stock Units (RSUs) and Performance-based Restricted Stock Units (PSUs).
- The price per share was $23.87.
- Following the transaction, Walia beneficially owns 2,777,832 shares of Class A Common Stock, which includes previously reported RSUs and PSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock transaction |
| 08/19/2024 | Date of signature by Attorney-in-fact |
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