Form 4: New Fortress Energy Executive Yunyoung Shin Reports Stock Transactions
SEC Form 4 Filing
Yunyoung Shin, Chief Accounting Officer of New Fortress Energy, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On January 2, 2025, Yunyoung Shin acquired 80,455 Class A Common Stock and disposed of 80,455 Restricted Stock Units.
- On April 21, 2025, Shin disposed of 44,558 Class A Common Stock at a price of $4.96.
- Following these transactions, Shin directly owns 83,557 shares of Class A Common Stock and 30,883 Restricted Stock Units.
- The disposal of shares on April 21, 2025, was to satisfy tax liability related to the vesting of restricted stock units granted on March 11, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an insider. It doesn't inherently convey 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 into the trading activities of key personnel at New Fortress Energy.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company officer.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Reporting Person was granted 111,338 RSUs that vest as follows: (a) 80,455 on January 2, 2025, and (b) 30,883 on January 2, 2026, subject to the Reporting Person remaining employed with the Issuer on each applicable vesting date. |
| 01/02/2025 | Acquisition of 80,455 Class A Common Stock and disposal of 80,455 Restricted Stock Units. |
| 04/21/2025 | Disposal of 44,558 Class A Common Stock at $4.96 per share to cover tax obligations. |
| 04/23/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, New Fortress Energy, NFE, Yunyoung Shin, Restricted Stock Units, Class A Common Stock, Insider Trading
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.