Form 4: MultiSensor AI Holdings Officer Peter W. Baird Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing


Peter W. Baird, Chief Commercial Officer of MultiSensor AI Holdings, Inc., reports disposing of shares to cover tax withholding obligations related to RSU settlements.

Summary

  • On February 4, 2025, Peter W. Baird, the Chief Commercial Officer of MultiSensor AI Holdings, Inc. (MSAI), disposed of 6,850 shares of common stock at a price of $1.31.
  • These shares were withheld to satisfy tax withholding obligations upon the settlement of fully vested RSUs granted on April 1, 2024.
  • Additionally, 11,450 shares were disposed of at the same price ($1.31) to cover tax obligations for RSUs that vested on January 1, 2024.
  • Following these transactions, Baird beneficially owns 935,388 shares of MultiSensor AI Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions.

Stakeholder Impact

  • The disposal of shares by an officer could have a minor impact on shareholder sentiment, but is likely immaterial given the reason for the disposal (tax obligations).

Key Dates

DateDescription
April 1, 2024Date of RSU grant, settled in monthly installments beginning December 22, 2024.
January 1, 2024Date RSUs vested.
December 22, 2024Start date of monthly installments for RSU settlement.
February 4, 2025Date of stock disposal for tax obligations.
February 6, 2025Date of signature on the Form 4 filing.

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