Form 4: LQR House CEO Sean Dollinger Reports Stock Conversion
SEC Form 4 Filing
Sean Dollinger, CEO of LQR House Inc., reports the conversion of restricted stock units into common stock on March 31, 2025.
Summary
- On April 2, 2025, Sean Dollinger, the CEO of LQR House Inc., filed a Form 4.
- The form reports a transaction that occurred on March 31, 2025, where 3,125 restricted stock units were converted into 3,125 shares of common stock.
- Following this transaction, Dollinger directly owns 95,993 shares of common stock and 6,250 derivative securities.
- The restricted stock units were granted on August 9, 2023, and the conversion price was $0.
- The reported amounts are adjusted for a 1-for-60 reverse stock split on November 30, 2023, and a 3:2 stock dividend on March 1, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 2023/08/09 | Date restricted stock units were granted to Mr. Dollinger |
| 2023/11/30 | Date of 1-for-60 reverse stock split |
| 2024/03/01 | Date of 3:2 stock dividend |
| 2025/03/31 | Date of restricted stock units conversion to common stock |
| 2025/04/02 | Date Form 4 was signed |
Keywords
Form 4, LQR House Inc., Sean Dollinger, stock conversion, restricted stock units, common stock, insider trading
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