Form 4: MultiPlan Corp Director John Michael Prince Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director John Michael Prince reports acquisition and disposal of Class A common stock in MultiPlan Corp.
Summary
- On April 24, 2024, John Michael Prince, a director of MultiPlan Corp, reported a transaction involving Class A common stock.
- Prince acquired 172,413 shares of Class A common stock at $0.
- Prince also disposed of 213,174 shares of Class A common stock.
- Following these transactions, Prince directly owns 213,174 shares of Class A common stock.
- The reported transaction also involves restricted stock units which vest on the earlier of the one-year anniversary of the grant date and the date of the next regularly scheduled annual meeting of stockholders of the issuer, subject to continued service through the vesting date.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company leadership.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of stock transaction (acquisition and disposal) |
| 04/26/2024 | Date of signature by attorney-in-fact |
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