Form 4: Jaguar Health Executive Acquires Shares Through Restricted Stock Unit Vesting
SEC Form 4 Filing
Pravin R. Chaturvedi, Chief Scientific Officer of Jaguar Health, Inc., acquired 134 shares of common stock on April 5, 2024, through the vesting of restricted stock units.
Summary
- On April 5, 2024, Pravin R. Chaturvedi, the Chief Scientific Officer of Jaguar Health, Inc., acquired 134 shares of common stock.
- This acquisition resulted from the vesting of restricted stock units.
- The reporting person now directly owns 1,270 shares of common stock.
- The restricted stock units were granted on April 5, 2021, and vest in three equal annual installments beginning on April 5, 2022.
- The number of shares underlying the restricted stock units was adjusted to reflect previous reverse stock splits.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't contain information that would significantly shift investor sentiment.
Positives
- The vesting of restricted stock units indicates a continued investment in the company by its Chief Scientific Officer.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it reflects the vesting of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 09/08/2021 | Issuer effected a 3-for-1 reverse stock split. |
| 04/05/2021 | Restricted stock units were granted. |
| 04/05/2022 | First vesting date of restricted stock units. |
| 01/23/2023 | Issuer effected a 75-for-1 reverse stock split. |
| 04/05/2024 | Transaction date: Acquisition of 134 shares through vesting of restricted stock units. |
| 04/17/2024 | Date of signature for the Form 4 filing. |
Keywords
Jaguar Health, Form 4, Insider Trading, Restricted Stock Units, Pravin R. Chaturvedi, JAGX, Beneficial Ownership
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