Form 4: Leafly Holdings President and COO Peter Lee Sells Shares
SEC Form 4 Filing
Peter Lee, President and COO of Leafly Holdings, Inc., sold 226 shares of common stock at an average price of $2.1988 on July 16, 2024.
Summary
- On July 16, 2024, Peter Lee, the President and COO of Leafly Holdings, Inc., sold 226 shares of common stock.
- The sale was executed at a weighted average price of $2.1988 per share, with individual transactions ranging from $2.15 to $2.26.
- Following the transaction, Lee directly owns 20,918 shares, including 20,469 shares of common stock and 449 unvested restricted stock units.
- Lee has granted a Power of Attorney to Yoko Miyashita, Nicole Sanchez, Suresh Krishnaswamy, and Kathleen Mullaney to execute Forms 3, 4, 5, and 144 on his behalf.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale. It doesn't inherently convey positive or negative sentiment.
Industry Context
Insider sales are a common occurrence and are publicly disclosed to maintain transparency in the market. The sale by the President and COO of Leafly Holdings is a routine transaction that is being reported as required by SEC regulations.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their perception of insider transactions.
Key Dates
| Date | Description |
|---|---|
| 2024-06-04 | Date of Power of Attorney execution by Peter Lee. |
| 2024-07-16 | Date of the stock sale transaction. |
| 2024-07-18 | Date of the Form 4 filing. |
Keywords
Leafly Holdings, Peter Lee, stock sale, Form 4, insider trading, securities, LFLY
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