Form 4: Innovid Corp. CFO Anthony Callini Sells Shares to Cover Tax Obligations

Innovid Corp.'s CFO, Anthony Callini, sold 7,972 shares of common stock on August 7, 2024, to cover tax withholding obligations related to the vesting of RSUs.

Summary

• On August 7, 2024, Anthony Callini, the Chief Financial Officer of Innovid Corp. (CTV), sold 7,972 shares of the company's common stock.
• The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
• The shares were sold at a weighted average price of $1.6688, with individual transactions ranging from $1.57 to $1.82 per share.
• Following the transaction, Callini directly owns 791,028 shares and indirectly owns 750 shares through his daughter.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations). It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

Sales of shares to cover tax obligations upon vesting of RSUs are a common practice among corporate executives. This transaction is a routine financial activity and doesn't necessarily indicate a change in the executive's confidence in the company.

Key Dates

Keywords

Innovid Corp, Anthony Callini, CFO, Form 4, Share Sale, RSU Vesting, Tax Obligations, CTV