Form 4: Jaguar Health CFO Carol R. Lizak Reports Changes in Beneficial Ownership
SEC Form 4
Carol R. Lizak, CFO of Jaguar Health, reports changes in her beneficial ownership of company stock due to the vesting of restricted stock units.
Summary
- On April 5, 2024, Carol R. Lizak, the Chief Financial Officer of Jaguar Health, Inc., reported changes in her beneficial ownership of the company's common stock.
- The changes involve the vesting of 60 restricted stock units, which convert into common stock on a one-for-one basis.
- Following the reported transaction, Ms. Lizak directly owns 611 shares of common stock and indirectly owns 106 shares through the Peter & Carol Lizak Revocable Trust.
- The restricted stock units were granted on April 5, 2021, and vest in three equal annual installments beginning on April 5, 2022.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency regarding the equity holdings of key personnel.
Stakeholder Impact
- The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| September 8, 2021 | Issuer effected a 3-for-1 reverse stock split. |
| April 5, 2021 | Restricted stock units were granted. |
| April 5, 2022 | First vesting date of restricted stock units. |
| January 23, 2023 | Issuer effected a 75-for-1 reverse stock split. |
| April 5, 2024 | Transaction date: Vesting of restricted stock units. |
| April 17, 2024 | Date of Form 4 signature. |
Keywords
Jaguar Health, Carol R. Lizak, CFO, Beneficial Ownership, Restricted Stock Units, Form 4, JAGX, Stock Options, Vesting
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