Form 4: MultiPlan Corp Director Anthony Colaluca Jr. Reports Acquisition and Disposal of Class A Common Stock
SEC Form 4 Filing
Director Anthony Colaluca Jr. reports changes in beneficial ownership of MultiPlan Corp Class A common stock, including acquisition of restricted stock units and disposal of shares.
Summary
- On April 24, 2024, Anthony Colaluca Jr., a director of MultiPlan Corp, reported a transaction involving the company's Class A common stock.
- Colaluca acquired 172,413 shares of Class A common stock at $0 per share.
- He also disposed of shares, resulting in a total of 380,082 shares beneficially owned directly.
- The acquisition represents restricted stock units that vest on the earlier of the one-year anniversary of the grant date or the date of the next regularly scheduled annual meeting, subject to continued service.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of transaction involving Class A common stock. |
| 04/26/2024 | Date of signature by attorney-in-fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.