Form 4: Luminar Technologies Chief Legal Officer Alan Prescott Reports Stock Transaction
SEC Form 4 Filing
Alan Prescott, Chief Legal Officer of Luminar Technologies, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On September 5, 2024, Alan Prescott, the Chief Legal Officer of Luminar Technologies, Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the withholding of 26,205 shares to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share for the transaction was $0.9047.
- Following the transaction, Prescott beneficially owns 1,664,751.59 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations. It doesn't indicate positive or negative sentiment regarding the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax obligation fulfillment related to vested stock.
Key Dates
| Date | Description |
|---|---|
| 09/05/2024 | Date of the stock transaction (withholding of shares for tax obligations). |
| 09/06/2024 | Date of signature for the Form 4 filing. |
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