Form 4: InnovAge CEO Patrick Blair Reports Stock Transaction
SEC Form 4 Filing
Patrick Blair, CEO of InnovAge Holding Corp., reports the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On March 1, 2024, Patrick Blair, the President and CEO of InnovAge Holding Corp., had 3,566 shares of common stock withheld to satisfy tax obligations.
- The shares were withheld in connection with the vesting and settlement of restricted stock units.
- Following the transaction, Blair directly owns 510,529 shares of InnovAge common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions related to executive compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it relates to internal executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction (withholding of shares for tax obligations). |
| 03/04/2024 | Date of signature for the Form 4 filing. |
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