Form 4: Inuvo CFO Wallace D. Ruiz Reports Stock Transactions
SEC Form 4 Filing
Wallace D. Ruiz, CFO of Inuvo, Inc., reports the vesting and subsequent disposal of shares related to restricted stock units.
Summary
- On March 1, 2025, Wallace D. Ruiz, CFO of Inuvo, Inc., reported transactions involving Inuvo's common stock.
- Ruiz acquired 100,000 shares of common stock upon the vesting of restricted stock units (RSUs) at a price of $0.00 per share.
- Simultaneously, Ruiz disposed of 50,005 shares of common stock at a price of $0.3706 per share.
- Following these transactions, Ruiz directly owns 912,139 shares of Inuvo's common stock and 200,000 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's recent stock activity, which is typical for executives with stock-based compensation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CFO's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock transactions (acquisition and disposal). |
| 03/01/2025 | Restricted Stock Units vested. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
| 03/01/2027 | Expiration date of the Restricted Stock Units. |
Keywords
Inuvo, Ruiz, Wallace D. Ruiz, CFO, Form 4, Stock, Restricted Stock Units, Beneficial Ownership, Transaction
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