Form 4: Jaguar Health Executive Steven R. King Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Steven R. King, a Jaguar Health executive, reported the vesting and conversion of restricted stock units into common stock on May 17, 2024.

Summary

  • On May 17, 2024, Steven R. King, Chief of Sustainable Supply, Ethnobotanical Research and Intellectual Property and Secretary at Jaguar Health, Inc., reported a transaction involving restricted stock units.
  • 612 restricted stock units vested and were converted into 612 shares of common stock.
  • These restricted stock units vest in three equal annual installments beginning on May 17, 2023.
  • The reported transaction reflects adjustments due to a 75-for-1 reverse stock split that occurred on January 23, 2023.
  • Following the transaction, King directly owns 1,756 shares of Jaguar Health common stock and 612 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves the conversion of existing equity-based compensation into common stock.

Key Dates

DateDescription
March 28, 2022Restricted stock units originally approved by the issuer's board of directors.
January 23, 2023Jaguar Health effected a 75-for-1 reverse stock split.
May 17, 2023Vesting of restricted stock units began in three equal annual installments.
May 17, 2024612 restricted stock units vested and were converted into common stock.
May 21, 2024Date of signature for the Form 4 filing.

Keywords

Jaguar Health, Steven R. King, Form 4, Stock Transaction, Restricted Stock Units, Common Stock, Insider Trading

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