Form 4: NV5 Global CEO Benjamin Heraud Reports Stock Transaction
SEC Form 4 Filing
CEO Benjamin Heraud reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 3, 2025, NV5 Global, Inc.'s CEO, Benjamin Heraud, had 4,098 shares of common stock withheld to cover tax obligations related to the vesting of a Restricted Stock Award (RSA) from March 3, 2022.
- The price per share for the transaction was $17.39.
- Following the transaction, Heraud beneficially owns 70,154 shares of NV5 Global, Inc.
- A 4-for-1 stock split, effective on a split-adjusted basis on October 11, 2014, was authorized by NV5 Global, Inc.'s Board of Directors.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock.
Key Dates
| Date | Description |
|---|---|
| October 11, 2014 | NV5 Global, Inc.'s Board of Directors authorized a 4-for-1 stock split of its common stock, effective on a split-adjusted basis. |
| March 3, 2022 | Date of the Restricted Stock (RSA) Award that vested on March 3, 2025. |
| March 3, 2025 | Date of the transaction where 4,098 shares were withheld to cover tax obligations related to the vesting of the Restricted Stock Award. |
| March 5, 2025 | Date of signature of the report by MaryJo OBrien, as attorney in fact. |
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