Form 4: LifeStance Health Group Chief Digital Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Pablo Pantaleoni, Chief Digital Officer of LifeStance Health Group, sold shares to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- On March 12, 2024, Pablo Pantaleoni, the Chief Digital Officer of LifeStance Health Group, sold 43,304 shares of common stock at a price of $6.76 per share.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Pantaleoni still beneficially owns 1,310,043 shares of LifeStance Health Group common stock.
Sentiment
Score: 6
Explanation: The document describes a routine transaction (sale of shares to cover taxes). It's neutral in tone and doesn't indicate any significant positive or negative sentiment regarding the company's prospects.
Management Comments
- The sale was made to satisfy tax withholding obligations through a 'sell to cover' transaction and does not represent a discretionary trade by the Reporting Person.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of stock sale transaction |
| 03/14/2024 | Date of signature on the Form 4 filing |
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