Form 4: NeuroMetrix CFO Thomas Higgins Reports Stock Transactions
SEC Form 4 Filing
Thomas Higgins, CFO of NeuroMetrix, Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On April 1, 2024, Thomas Higgins, the CFO of NeuroMetrix, Inc., reported transactions involving common stock.
- He acquired 469 shares of common stock upon the vesting of restricted stock units at a price of $4.06 per share.
- 74 shares were withheld to cover withholding taxes related to the vesting of these units, also valued at $4.06 per share.
- Following these transactions, Higgins directly owns 8,448 shares of NeuroMetrix common stock and 4,687 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2023-11-22 | Reporting person was granted 5,625 restricted stock units, which vest in equal quarterly installments over three years beginning on January 1, 2024. |
| 2024-01-01 | Vesting of restricted stock units begins in equal quarterly installments over three years. |
| 2024-04-01 | Restricted stock units vest, resulting in the acquisition of 469 shares and withholding of 74 shares for taxes. |
| 2024-04-04 | Date of signature for the Form 4 filing. |
Keywords
NeuroMetrix, Thomas Higgins, CFO, Form 4, Stock, Restricted Stock Units, Vesting, Tax Withholding
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