Form 4: Inspirato CEO Eric Grosse Reports Tax Liability Stock Transaction
SEC Form 4 Filing
CEO Eric Grosse of Inspirato Inc. reports a transaction involving the withholding of shares to cover tax liabilities related to vested restricted stock units.
Summary
- On August 20, 2024, Eric Grosse, the CEO of Inspirato Inc. (ISPO), had shares of Class A Common Stock withheld to cover his tax liability.
- A total of 59,467 shares were withheld at a price of $4.08 per share.
- Following the transaction, Grosse directly owns 116,297 shares of Inspirato Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of the stock transaction where shares were withheld for tax liability. |
| 08/23/2024 | Date of signature on the Form 4 filing. |
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