Form 4: Informatica EVP John Arthur Schweitzer Reports Stock Sale
SEC Form 4 Filing
EVP & Chief Revenue Officer of Informatica, John Arthur Schweitzer, reports the sale of company stock under a pre-arranged trading plan.
Summary
- John Arthur Schweitzer, EVP & Chief Revenue Officer of Informatica Inc., reported the sale of Class A Common Stock on May 15, 2025.
- The sales were executed under a Rule 10b5-1 trading plan adopted on December 9, 2024.
- A total of 11,729 shares were sold at a weighted average price of $19.362 per share.
- Additionally, 22,676 shares were withheld to cover tax obligations related to the vesting of Restricted Stock Units (RSUs).
- Following these transactions, Schweitzer directly owns 382,005 shares of Class A Common Stock, which includes previously reported RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often pre-planned to avoid accusations of insider trading. The use of a 10b5-1 plan indicates the sales were scheduled in advance.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, but the pre-planned nature of the sale mitigates concerns about insider trading or a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 2024-12-09 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-05-15 | Date of stock sale and tax withholding |
| 2025-05-19 | Date of Form 4 filing |
Keywords
Form 4, Informatica, Schweitzer, Stock Sale, Rule 10b5-1, RSU, INFA, Executive Compensation
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