Form 4: Inspirato Inc. Director Brent L. Handler Reports Tax Liability Stock Disposal
SEC Form 4 Filing
Director Brent L. Handler of Inspirato Inc. reports the disposal of shares to cover tax obligations related to vested restricted stock units.
Summary
- On May 21, 2024, Brent L. Handler, a director and 10% owner of Inspirato Inc. (ISPO), disposed of 5,526 shares of Class A Common Stock to satisfy tax liabilities related to the vesting of restricted stock units (RSUs).
- The shares were disposed of at a price of $4.025 per share.
- Following the transaction, Handler directly owns 26,523 shares of Class A Common Stock and indirectly owns 43,012 shares through the Brent L. Handler Revocable Trust.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Date of stock disposal for tax liability. |
| 05/23/2024 | Date of signature for the Form 4 filing. |
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