Form 4: Innovid Corp. CFO Sells Shares to Cover Tax Obligations
SEC Form 4
Anthony Callini, CFO of Innovid Corp., sold 46,853 shares of common stock to cover tax withholding obligations related to vesting RSUs.
Summary
- On October 21, 2024, Anthony Callini, the Chief Financial Officer of Innovid Corp., sold 46,853 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 $1.8308 per share, with individual transactions ranging from $1.79 to $1.90.
- Following the transaction, Callini directly owns 736,452 shares and indirectly owns 750 shares through his daughter.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes on vested RSUs). It's neutral in sentiment as it doesn't indicate positive or negative performance for the company.
Industry Context
Sales to cover tax obligations are a routine part of equity compensation and are not necessarily indicative of the executive's view of the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Date of stock sale by Anthony Callini |
| 10/22/2024 | Date of signature on the Form 4 filing |
Keywords
Innovid Corp, Anthony Callini, CFO, stock sale, Form 4, tax withholding, RSUs, CTV
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