Form 4: Innovid Corp. CFO Anthony Callini Reports Acquisition of 300,000 Shares

Anthony Callini, CFO of Innovid Corp., reports acquiring 300,000 shares of common stock on April 16, 2024, and indirectly owning 750 shares through his daughter.

Summary

• On April 16, 2024, Anthony Callini, the Chief Financial Officer of Innovid Corp., acquired 300,000 shares of common stock.
• The acquisition was made at a price of $0.0 per share.
• Following the transaction, Callini directly owns 799,000 shares of Innovid Corp.
• Callini also indirectly owns 750 shares through his daughter.
• The acquired restricted stock units will vest ratably on a quarterly basis over a three-year period, contingent upon Callini's continued employment with Innovid Corp.
• Each restricted stock unit represents a contingent right to receive one share of Innovid's Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a company executive. The acquisition itself could be seen as a positive sign, but the document is primarily informational.

Positives

• The acquisition of 300,000 shares by the CFO could be interpreted as a sign of confidence in the company's future prospects.

Future Outlook

The restricted stock units will vest ratably on a quarterly basis over a three-year period, subject to the Reporting Person's continued employment with the Issuer.

Industry Context

This Form 4 filing is a routine disclosure related to insider trading activities, which are common in publicly traded companies. It provides transparency into the transactions of company executives and their potential alignment with shareholder interests.

Stakeholder Impact

• The stock acquisition by the CFO may have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Innovid Corp, Anthony Callini, CFO, Form 4, Stock Acquisition, Beneficial Ownership, Restricted Stock Units