Form 4: KVH Industries SVP Felise Feingold Sells Shares to Cover Tax Obligations

Felise Feingold, SVP General Counsel of KVH Industries, sold 1,650 shares of common stock on August 6, 2024, to cover taxes owed on a restricted stock award.

Summary

• On August 6, 2024, Felise Feingold, the SVP General Counsel of KVH Industries, sold 1,650 shares of common stock.
• The sale was executed at a price of $4.573 per share.
• This transaction was done to cover the taxes owed on a restricted stock award that vested on August 2, 2024.
• Following the transaction, Feingold directly owns 79,115 shares of KVH Industries' common stock.
• Feingold also holds options to buy 84,850 shares of common stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (selling shares to cover taxes on vested stock), which is neither particularly positive nor negative.

Industry Context

This is a routine transaction for covering tax obligations related to stock awards, which is a common practice among corporate executives.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates