Form 4: MoneyLion CLO Adam VanWagner Sells 4,200 Shares of Class A Common Stock

MoneyLion's Chief Legal Officer and Secretary, Adam VanWagner, disposed of 4,200 shares of Class A Common Stock on March 11, 2024, at a price of $73 per share.

Summary

• On March 11, 2024, Adam VanWagner, the Chief Legal Officer and Secretary of MoneyLion Inc. (ML), sold 4,200 shares of Class A Common Stock.
• The transaction was executed at a price of $73 per share.
• Following the transaction, VanWagner directly owns 127,372 shares of Class A Common Stock.
• The reported holdings include restricted stock units and performance share units, each representing a contingent right to receive one share of Class A Common Stock.
• All amounts of securities reported have been adjusted to reflect a reverse stock split that occurred on April 24, 2023, where every 30 shares were reclassified into one new share.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by an insider. It doesn't inherently convey positive or negative sentiment, but the market's reaction will depend on the broader context.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates a sale of shares by a key executive, which investors may interpret in various ways depending on the context and the executive's overall holdings.

Stakeholder Impact

• Shareholders may react to the sale of shares by a company insider, potentially influencing the stock price.

Key Dates