Form 4: Informatica EVP John Arthur Schweitzer Reports Stock Transactions
SEC Form 4 Filing
EVP & Chief Revenue Officer of Informatica, John Arthur Schweitzer, reports the acquisition and disposal of Class A Common Stock and derivative securities.
Summary
- John Arthur Schweitzer, EVP & Chief Revenue Officer of Informatica Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 7, 2024, Schweitzer acquired 56,000 shares of Class A Common Stock at $20 per share through the exercise of stock options.
- On the same day, Schweitzer sold 65,709 shares of Class A Common Stock at a weighted average price of $32.043 per share.
- Following these transactions, Schweitzer beneficially owns 496,854 shares of Class A Common Stock.
- The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 7, 2023.
- Schweitzer also holds options to purchase 504,000 shares of Class A Common Stock at an exercise price of $20.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
NA
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as an indicator of management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 12/07/2023 | Date of adoption of Rule 10b5-1 trading plan |
| 03/07/2024 | Date of stock option exercise and stock sale |
| 03/03/2031 | Expiration date of stock options |
| 03/11/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.