Form 4: Leafly Holdings CFO Suresh Krishnaswamy Reports Stock Transactions
SEC Form 4 Filing
CFO of Leafly Holdings, Suresh Krishnaswamy, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- Suresh Krishnaswamy, CFO of Leafly Holdings, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates that shares were withheld by the issuer, Leafly Holdings, to cover withholding taxes related to the vesting of restricted stock units (RSUs).
- These RSUs were granted on August 17, 2022, October 6, 2022, and July 25, 2023.
- The withholding occurred on April 20, 2025, with a net settlement price of $0.16 per share based on the closing stock price on April 21, 2025.
- A total of 138, 56, and 337 shares were withheld related to the vesting of RSUs granted on August 17, 2022, October 6, 2022, and July 25, 2023, respectively.
- Following these transactions, Krishnaswamy directly owns 38,699 shares of common stock, including 1,297 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/17/2022 | Date of grant for certain restricted stock units (RSUs). |
| 10/06/2022 | Date of grant for certain restricted stock units (RSUs). |
| 10/20/2022 | 25% of RSUs granted on August 17, 2022 and October 6, 2022 vested. |
| 07/25/2023 | Date of grant for certain restricted stock units (RSUs). |
| 04/20/2025 | Transaction date for withholding of shares to cover taxes. |
| 04/21/2025 | Closing stock price used for net settlement of RSUs. |
| 04/22/2025 | Date of Form 4 filing. |
Keywords
Form 4, Leafly Holdings, Suresh Krishnaswamy, CFO, Beneficial Ownership, Restricted Stock Units, RSUs, Tax Withholding, LFLY
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