Form 4: Monopar Therapeutics CFO Kim R. Tsuchimoto Reports Stock Transactions
SEC Form 4 Filing
Kim R. Tsuchimoto, CFO of Monopar Therapeutics, reports the acquisition and disposal of common stock related to the vesting of restricted stock units.
Summary
- On June 30, 2024, Kim R. Tsuchimoto, the Chief Financial Officer of Monopar Therapeutics, reported transactions involving the company's common stock.
- These transactions involved the vesting and settlement of restricted stock units (RSUs).
- Specifically, 9,957 shares were acquired upon the vesting of RSUs.
- Additionally, 2,998 shares were withheld by the issuer to cover withholding taxes related to the vesting of these RSUs.
- Following these transactions, Tsuchimoto directly owns 57,429 shares of Monopar Therapeutics.
- The price per share for the tax withholding was $0.731.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports routine stock transactions related to RSU vesting. It doesn't inherently indicate positive or negative performance.
Positives
- The vesting of RSUs indicates that performance milestones or time-based conditions have been met.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- Shareholders can monitor insider transactions to gain insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 01/26/2021 | Grant date of 19,536 restricted stock units, vesting quarterly until December 31, 2024. |
| 02/02/2022 | Grant date of 61,532 restricted stock units, vesting quarterly until December 31, 2025. |
| 02/01/2023 | Grant date of 78,234 restricted stock units, vesting quarterly until December 31, 2026. |
| 06/30/2024 | Date of reported transactions: acquisition of 9,957 shares via RSU vesting and disposal of 2,998 shares for tax withholding. |
| 07/02/2024 | Date of filing. |
| 12/31/2024 | RSUs granted on January 26, 2021 fully vested. |
| 12/31/2025 | RSUs granted on February 2, 2022 fully vested. |
| 12/31/2026 | RSUs granted on February 1, 2023 fully vested. |
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