Form 4: Leafly Holdings CEO Yoko Miyashita Disposes of Shares to Cover Tax Obligations

CEO Yoko Miyashita disposed of shares of Leafly Holdings, Inc. to cover withholding taxes related to the vesting of restricted stock units.

Summary

• Yoko Miyashita, CEO of Leafly Holdings, Inc., filed a Form 4 disclosing changes in beneficial ownership of the company's stock.
• The transactions involved the disposal of common stock to satisfy withholding tax obligations related to the vesting of restricted stock units.
• These restricted stock units were granted on various dates including August 17, 2022, October 6, 2022, July 25, 2023, November 30, 2023, and February 28, 2024.
• The disposals occurred on July 20, 2024, with a price of $2.28 per share.
• A total of 2,484 shares were disposed of to cover these tax obligations.
• Following these transactions, Miyashita directly owns 60,984 shares of common stock, including 25,100 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine tax obligations and does not indicate any significant positive or negative developments for the company.

Industry Context

This filing is a routine disclosure related to executive compensation and does not necessarily indicate a change in the company's outlook or performance. It is common for executives to dispose of shares to cover tax obligations when restricted stock units vest.

Stakeholder Impact

• The disposal of shares has a minimal impact on shareholders as it is related to tax obligations and does not represent a significant change in ownership.

Key Dates

Keywords

Form 4, Leafly Holdings, Yoko Miyashita, Beneficial Ownership, Restricted Stock Units, Tax Withholding, Equity, LFLY