Form 4: Intellicheck Director Ullman Acquires 3,592 Shares Through RSU Vesting
SEC Form 4 Filing
Director David E. Ullman acquired 3,592 shares of Intellicheck, Inc. (IDN) common stock on March 29, 2024, through the vesting of restricted stock units.
Summary
- On March 29, 2024, David E. Ullman, a director of Intellicheck, Inc., acquired 3,592 shares of common stock.
- The acquisition resulted from the vesting of restricted stock units (RSUs).
- The price per share associated with the RSU vesting was $3.48.
- Following the transaction, Ullman directly owns 3,592 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a standard transaction related to executive compensation. It doesn't inherently indicate positive or negative prospects for the company.
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 disclosures required by the SEC to ensure transparency regarding insider transactions. They provide insights into the actions of company directors and officers, which can be informative for investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: Restricted Stock Units vested and shares of common stock were issued. |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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