Form 4: LifeStance Health Group Director Kenneth Burdick Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Director Kenneth Burdick reports the withholding of shares by LifeStance Health Group to cover tax obligations related to vested RSUs.
Summary
- On March 10, 2025, LifeStance Health Group withheld 35,817 shares of common stock from Director Kenneth A. Burdick to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
- The price per share for the tax withholding was $7.11.
- Following the transaction, Burdick directly owns 3,368,901 shares of LifeStance Health Group.
- The share withholding was not an open-market sale but a reduction of shares issued upon settlement of vested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction (tax withholding). It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of RSUs and the subsequent tax obligations, which is a common occurrence in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of the transaction where shares were withheld for tax obligations. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
LifeStance Health Group, Kenneth Burdick, Form 4, Tax Withholding, RSUs, Director, LFST, Shares
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