Form 4: P10 Inc. Executive Mark C. Hood Reports Stock Transactions
SEC Form 4 Filing
Mark C. Hood, Chief Administrative Officer and EVP of Operations at P10, Inc., reports the vesting and subsequent disposal of restricted stock units (RSUs) and a related tax withholding transaction.
Summary
- On March 9, 2024, Mark C. Hood, Chief Administrative Officer and EVP of Operations at P10, Inc., reported transactions involving Class A Common Stock.
- Specifically, 9,440 restricted stock units (RSUs) vested and were converted into shares of Class A Common Stock.
- Concurrently, 2,299 shares were disposed of at a price of $8.09 per share to cover tax obligations related to the RSU vesting.
- Following these transactions, Hood directly owns 79,367 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like Mark C. Hood, transact in their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small percentage of the outstanding shares.
- The tax withholding benefits the government.
Key Dates
| Date | Description |
|---|---|
| 03/09/2023 | Date the reporting person was granted 9,440 RSUs |
| 03/09/2024 | Date of RSU vesting and stock transactions |
| 03/12/2024 | Date of Form 4 signature |
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