Form 4: MoneyLion CLO Adam VanWagner Sells Shares to Cover Tax Obligations

Adam VanWagner, CLO and Secretary of MoneyLion Inc., sold 5,326 shares of Class A Common Stock to cover tax liabilities related to vesting of restricted stock units and performance share units.

Summary

• On February 18, 2025, Adam VanWagner, the CLO and Secretary of MoneyLion Inc., sold 5,326 shares of Class A Common Stock.
• The sale was executed at a price of $87.26 per share.
• This transaction was to cover the tax liabilities associated with the vesting of 12,965 restricted stock units (RSUs) and performance share units (PSUs).
• The sale was conducted under a pre-arranged trading plan (Rule 10b5-1(c)) adopted on July 30, 2024.
• Following the transaction, VanWagner beneficially owns 85,306 shares, including RSUs and PSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider stock sale for tax purposes. It doesn't inherently convey positive or negative sentiment.

Future Outlook

There are no explicit forward-looking statements in this document.

Industry Context

This is a routine Form 4 filing related to insider stock transactions. It is common for executives to sell shares to cover tax obligations arising from the vesting of stock-based compensation.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the stated reason for the sale.

Key Dates

Keywords

Form 4, MoneyLion, ML, Adam VanWagner, Stock Sale, Insider Trading, Rule 10b5-1, RSUs, PSUs, Tax Liabilities