Form 4: Integral Ad Science Holding Corp. Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Alexis Gil II, Chief Accounting Officer of Integral Ad Science Holding Corp., sold 642 shares of common stock on October 2, 2024, to cover tax liabilities associated with the settlement of restricted stock units.
Summary
- On October 2, 2024, Alexis Gil II, the Chief Accounting Officer of Integral Ad Science Holding Corp., sold 642 shares of the company's common stock.
- The sale was executed to cover tax liabilities arising from the settlement of restricted stock units.
- The shares were sold at a weighted average price of $10.42, with individual transactions ranging from $10.35 to $10.56 per share.
- Following the transaction, Gil directly owns 141,467 shares of Integral Ad Science Holding Corp.
- The sale was a mandatory sale to cover tax liability associated with the settlement of restricted stock units.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (stock sale for tax purposes) by an executive, which is neither particularly positive nor negative for the company's outlook.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company's future prospects.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of stock sale transaction |
| 10/03/2024 | Date of signature on the Form 4 filing |
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