Form 4: Informatica Inc. Executive Ansa Sekharan Reports Stock Transaction
SEC Form 4 Filing
EVP & Chief Customer Officer Ansa Sekharan reports disposition of Informatica Inc. shares to cover tax obligations related to vesting of Restricted Stock Units.
Summary
- On May 15, 2024, Ansa Sekharan, EVP & Chief Customer Officer of Informatica Inc., reported a transaction involving Class A Common Stock.
- A total of 19,273 shares were disposed of at a price of $30.37 per share to cover tax obligations related to the vesting of Restricted Stock Units (RSUs).
- Following the reported transaction, Sekharan beneficially owns 591,688 shares of Class A Common Stock, including previously reported RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an executive. 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 common practice for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction (disposal of shares). |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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