Form 4: InfuSystem Holdings Executive Jerod Funke Reports Stock Transactions
SEC Form 4 Filing
Jerod Funke, EVP-Chief HR Officer of InfuSystem Holdings, reports acquisition and disposal of company stock and restricted stock units.
Summary
- Jerod Funke, EVP-Chief HR Officer of InfuSystem Holdings, filed a Form 4 detailing changes in beneficial ownership.
- On October 9, 2024, Funke acquired 12,500 shares of common stock and disposed of 1,000 shares.
- The acquisition of 12,500 shares was related to the vesting of restricted stock units.
- 3,669 shares were withheld for tax liability at a price of $6.77.
- Following these transactions, Funke directly owns 9,831 shares of common stock.
- Funke also owns 12,500 restricted stock units, which convert into common stock on a one-for-one basis and vest in two equal annual installments beginning on October 9, 2024.
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.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with company performance.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 10/09/2024 | Date of stock and restricted stock unit transactions. |
| 10/09/2024 | First vesting date for restricted stock units. |
| 10/09/2025 | Expiration date for restricted stock units. |
| 10/11/2024 | Date of Form 4 filing. |
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