Form 4: Nauticus Robotics Interim CEO John W. Gibson Jr. Reports Stock Transactions
SEC Form 4
Interim CEO John W. Gibson Jr. reports the acquisition and disposal of Nauticus Robotics, Inc. common stock and restricted stock units.
Summary
- On February 21, 2025, John W. Gibson Jr., Interim CEO of Nauticus Robotics, Inc., reported transactions involving the company's stock.
- Gibson acquired 19,445 shares of common stock through the vesting of restricted stock units.
- He also disposed of 6,919 shares of common stock at a price of $1.11 per share to cover tax withholding upon vesting.
- Following these transactions, Gibson directly owns 107,132 shares of Nauticus Robotics, Inc.
- He also owns 38,889 Restricted Stock Units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions. It doesn't inherently indicate positive or negative performance.
Future Outlook
The reporting person will continue to vest in RSUs over the next two years, subject to continued employment or directorship.
Industry Context
This filing is a routine disclosure required by Section 16(a) of the Securities Exchange Act of 1934, ensuring transparency of insider transactions to the public.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
- The vesting of RSUs incentivizes the Interim CEO to remain with the company.
Key Dates
| Date | Description |
|---|---|
| November 27, 2024 | Date of Power of Attorney granted to John Symington and Victoria Hay for Section 16 filings. |
| July 18, 2024 | Reverse stock split of 1 for 36. |
| February 21, 2025 | Date of stock transactions (acquisition and disposal) and vesting of Restricted Stock Units. |
| February 21, 2026 | Next vesting date for RSUs. |
| February 21, 2027 | Final vesting date for RSUs. |
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.