Form 4: IZEA Worldwide CEO Patrick Venetucci Reports Stock Transactions
SEC Form 4 Filing
Patrick Venetucci, CEO of IZEA Worldwide, reports the acquisition and disposal of common stock and derivative securities related to restricted stock units.
Summary
- On January 31, 2025, Patrick James Venetucci, the CEO of IZEA Worldwide, Inc., reported transactions involving the company's stock.
- Venetucci acquired 30,650 shares of common stock upon the vesting of restricted stock units.
- He also disposed of 8,900 shares to satisfy tax withholding obligations at a price of $2.5 per share.
- Following these transactions, Venetucci directly owns 142,862 shares of IZEA Worldwide, Inc.
- He also owns 429,100 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
- The disposal of shares to cover tax obligations could slightly dilute the stock.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Initial vesting date of Restricted Stock Units |
| 01/31/2025 | Date of stock transactions and vesting of Restricted Stock Units |
| 02/03/2025 | Date of report submission |
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