Form 4: Nuvve Holding Corp. CEO Gregory Poilasne Sells Shares Back to Issuer for Estate Planning
SEC Form 4
Nuvve Holding Corp.'s CEO, Gregory Poilasne, sold 1,680 shares of common stock back to the company as part of year-end estate planning.
Summary
- Gregory Poilasne, CEO of Nuvve Holding Corp., reported a transaction on December 31, 2024, where he sold 1,680 shares of common stock back to the company.
- The sale was executed at a price of $0.0001 per share.
- This transaction was part of year-end estate planning and was conducted under the terms of a Stock Repurchase Agreement dated December 31, 2024.
- Following the transaction, Poilasne directly owns 7,380.784 shares of Nuvve Holding Corp.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (stock sale for estate planning) with no clear positive or negative implications for the company's overall health.
Industry Context
Share sales by company executives are a common occurrence, often related to personal financial planning. Repurchase agreements are also common.
Related Party Transactions
- The sale of shares by the CEO to the company is a related party transaction.
Stakeholder Impact
- The impact on stakeholders is likely minimal, as the transaction appears to be for estate planning purposes and involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of stock transaction and Stock Repurchase Agreement. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Nuvve Holding Corp, Gregory Poilasne, Stock Repurchase Agreement, Form 4, Share Sale, Estate Planning, Beneficial Ownership
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