Form 4: InnovAge Holding Corp. Executive Feifer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Richard Feifer, Chief Medical Officer of InnovAge Holding Corp., sold 14,303 shares of common stock on August 15, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On August 15, 2024, Richard Feifer, the Chief Medical Officer of InnovAge Holding Corp., disposed of 14,303 shares of common stock.
- The transaction was executed to satisfy tax obligations associated with the vesting and settlement of restricted stock units.
- The shares were sold at a price of $6.22 per share.
- Following the transaction, Feifer directly owns 220,908 shares of InnovAge Holding Corp.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares to cover tax obligations is a common occurrence and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholders, but is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of transaction: Richard Feifer sold shares to cover tax obligations. |
| 08/19/2024 | Date of signature on the 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.