Form 4: Intellicheck Director Braca Gregory Acquires 7,310 Shares Through RSU Vesting
SEC Form 4 Filing
Director Gregory Braca acquired 7,310 shares of Intellicheck, Inc. common stock on June 28, 2024, through the vesting of restricted stock units.
Summary
- On June 28, 2024, Gregory Braca, a director of Intellicheck, Inc., acquired 7,310 shares of common stock.
- The acquisition was a result of the vesting of restricted stock units (RSUs).
- The price per share associated with the RSU vesting was $3.42.
- Following the transaction, Braca directly owns 7,310 shares of Intellicheck, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Positives
- The vesting of RSUs indicates a form of compensation and alignment of interests between the director and the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining investor confidence.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transaction: Restricted Stock Units became earned and vested, and shares of common stock were issued. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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