Form 4: Nikola Corp Director Jonathan Pertchik Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Jonathan Pertchik reports acquiring 333,000 shares of Nikola Corp common stock and disposing of 379,600 shares on April 25, 2024.
Summary
- On April 25, 2024, Jonathan Pertchik, a director of Nikola Corp, reported acquiring 333,000 shares of common stock.
- The same day, Pertchik disposed of 379,600 shares of common stock.
- Following these transactions, Pertchik beneficially owns 379,600 shares of Nikola Corp.
- The acquisition of 333,000 shares was related to a restricted stock unit award that vests on April 25, 2025, contingent upon continued service with the company.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Future Outlook
The restricted stock unit award vests on April 25, 2025, contingent upon continued service with the Issuer.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may provide shareholders with insight into the director's view of the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of stock acquisition and disposal transactions. |
| 04/25/2025 | Vesting date for the restricted stock unit award. |
| 04/29/2024 | Date of signature for the Form 4 filing. |
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