Form 4: Informatica EVP Michael McLaughlin Reports Stock Transaction
SEC Filing
Michael McLaughlin, EVP & Chief Financial Officer of Informatica Inc., reports a transaction involving Class A Common Stock on August 15, 2024.
Summary
- Michael I. McLaughlin, EVP & Chief Financial Officer of Informatica Inc., filed a Form 4 with the SEC.
- The report details a transaction on August 15, 2024, involving Class A Common Stock.
- 18,394 shares were disposed of to cover tax obligations related to the vesting of Restricted Stock Units (RSUs) at a price of $23.87.
- Following the transaction, McLaughlin beneficially owns 681,123 shares of Class A Common Stock, including previously reported RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock transaction (disposal of shares to cover tax obligations). |
| 08/19/2024 | Date of signature on the Form 4 filing. |
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