Form 4: International Money Express Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Joseph Aguilar, President GM, Latin America at International Money Express, Inc. (IMXI), disposed of shares to cover tax obligations.
Summary
- On February 29, 2024, Joseph Aguilar disposed of 1,138 shares of common stock at a price of $19.7 per share to cover tax obligations.
- On March 4, 2024, Joseph Aguilar disposed of 1,182 shares of common stock at a price of $19.77 per share to cover tax obligations.
- Following these transactions, Aguilar directly owns 99,495 shares of International Money Express, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing share disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking to understand the sentiment of those with the most knowledge of the company.
Stakeholder Impact
- The disposal of shares by an executive could be perceived negatively by some shareholders, although it is a common practice for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Joseph Aguilar disposed of 1,138 shares of common stock at $19.7 per share. |
| 03/04/2024 | Joseph Aguilar disposed of 1,182 shares of common stock at $19.77 per share. |
| 03/06/2024 | Date of signature by Attorney-in-Fact for Joseph Aguilar. |
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