Form 4: CEO Forsythe Adjusts Intellinetics Stake
Statement of Changes in Beneficial Ownership
Intellinetics CEO Alison G. Forsythe reported transactions involving common stock, including acquisitions and tax remittances.
Summary
- Alison G. Forsythe, Chief Executive Officer of Intellinetics, Inc., reported transactions on April 1, 2026.
- She acquired 36,131 shares of common stock at a price of $7.45 per share.
- Additionally, 12,403 shares were remitted to the company for the payment of withholding taxes related to a restricted stock grant.
- These transactions pertain to the currently vesting portion of a restricted stock grant originally awarded on April 1, 2026.
- Following these transactions, Ms. Forsythe beneficially owns 36,131 shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, reflecting routine insider stock transactions and tax management rather than significant strategic shifts or performance indicators.
Positives
- Acquisition of 36,131 shares of common stock by the CEO, indicating continued investment and confidence in the company.
- The CEO is actively managing equity awards, with a portion of a restricted stock grant vesting and being utilized for tax payments.
Negatives
- Remittance of 12,403 shares to the company for tax withholding suggests a cash outflow or reduction in net shareholding for tax purposes.
Future Outlook
The filing details current transactions related to stock grants and does not contain forward-looking financial guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive stock dealings within the technology sector.
Stakeholder Impact
- Shareholders gain insight into the CEO's personal investment and equity management activities.
- Employees may observe executive compensation and equity award practices.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Earliest transaction date, stock acquisition, tax remittance, and signature date. |
| 04/01/2027 | Exercisable date for a portion of derivative securities. |
| 04/01/2028 | Exercisable date for another portion of derivative securities. |
| 04/01/2036 | Expiration date for derivative securities. |
Keywords
Form 4, SEC Filing, Insider Trading, Stock Transaction, Beneficial Ownership, Restricted Stock Grant, Withholding Taxes, Intellinetics Inc., Alison G. Forsythe, CEO
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