Form 4: MultiPlan Corp Director Martin Harris Reports Stock Acquisition and Disposal
SEC Form 4 Filing
Director Martin Harris reports acquiring and disposing of MultiPlan Corp stock in a recent transaction.
Summary
- On April 24, 2024, Martin Harris, a director of MultiPlan Corp, reported a transaction involving the company's Class A common stock.
- Harris acquired 172,413 shares at $0 and disposed of 318,003 shares.
- Following the transaction, Harris beneficially owns 318,003 shares of Class A common stock.
- The reported transaction also involves 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 of stockholders, subject to continued service.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard SEC filing reporting stock transactions by a company director.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, depending on how the market interprets the director's stock activity.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of stock acquisition and disposal transaction. |
| 04/26/2024 | Date of signature for the report. |
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