Form 4: Luminar Technologies CFO Thomas Fennimore Reports Stock Transaction
SEC Form 4
Thomas Fennimore, CFO of Luminar Technologies, reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On June 5, 2024, Thomas Fennimore, the Chief Financial Officer of Luminar Technologies, Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the disposition of 17,738 shares at a price of $1.56.
- This disposition was to cover tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Fennimore directly owns 903,758 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate a change in the CFO's confidence in the company.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of stock transaction |
| 06/07/2024 | Date of signature on the Form 4 filing |
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