Form 4: Jaguar Health CEO Lisa Conte Reports Stock Transaction
SEC Form 4
Lisa Conte, CEO of Jaguar Health, reports the acquisition of common stock through the vesting of restricted stock units.
Summary
- Lisa Conte, CEO and President of Jaguar Health, filed a Form 4 on May 21, 2025, reporting a transaction on May 17, 2025.
- The transaction involved the acquisition of 2 shares of common stock due to the vesting of restricted stock units.
- These restricted stock units convert into common stock on a one-for-one basis.
- The reported amount of shares was adjusted to reflect previous reverse stock splits: a 75-for-1 split on January 23, 2023, a 60-for-1 split on May 23, 2024, and a 25-for-1 split on March 18, 2025.
- The restricted stock units vest in three equal annual installments beginning on May 17, 2023.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The vesting of restricted stock units indicates a continued alignment of the CEO's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 2022-03-28 | Restricted stock units originally approved by the issuer's board of directors. |
| 2023-01-23 | 75-for-1 reverse stock split. |
| 2023-05-17 | Restricted stock units vest in three equal annual installments beginning on this date. |
| 2024-05-23 | 60-for-1 reverse stock split. |
| 2025-03-18 | 25-for-1 reverse stock split. |
| 2025-05-17 | Transaction date for the acquisition of common stock. |
| 2025-05-21 | Date of Form 4 filing. |
Keywords
Form 4, Jaguar Health, Lisa Conte, Stock Transaction, Restricted Stock Units, Reverse Stock Split, Beneficial Ownership
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