Form 4: NV5 Global Executive VP MaryJo O'Brien Sells Shares to Cover Tax Obligations

MaryJo O'Brien, Executive VP, Chief Admin & Secretary of NV5 Global, Inc., sold shares of common stock to cover tax withholding obligations related to the vesting and settlement of RSUs.

Summary

• MaryJo O'Brien, an Executive VP at NV5 Global, Inc., reported the sale of company stock on May 14, 2024, and June 12, 2024.
• The sales were executed to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
• On May 14, 2024, 19 shares were sold at a price of $94.06 per share.
• On June 12, 2024, 1,129 shares were sold at a price of $94.06 per share.
• Following these transactions, O'Brien directly owns 64,557 shares of NV5 Global, Inc. common stock.

Sentiment

Score: 5

Explanation: The document reports routine stock sales to cover tax obligations, which is neutral in sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to compensation and tax planning. This sale appears to be related to tax obligations from vested RSUs, which is a typical practice.

Stakeholder Impact

• The stock sales are unlikely to have a significant impact on shareholders as they are related to tax obligations and represent a small percentage of the total outstanding shares.

Key Dates