Form 4: P10 Inc. Executive Michael Feinglass Sells Shares in Multiple Transactions
SEC Form 4
Michael Feinglass, an executive at P10 Inc., reported the sale of Class A Common Stock in a series of transactions between March 7 and March 11, 2024.
Summary
- Michael Feinglass, an executive at P10, Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the sale of Class A Common Stock across four transactions.
- On March 7, 2024, 39,554 shares were sold at $8 per share.
- A further 10,446 shares were sold on March 7, 2024, at $8.005 per share.
- On March 8, 2024, 10,000 shares were sold at $8.1 per share.
- Finally, on March 11, 2024, 50,000 shares were sold at $8.2 per share.
- Following these transactions, Mr. Feinglass directly owns 327,739 shares of Class A Common Stock.
- Mr. Feinglass may be deemed a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an executive, which is neutral in sentiment.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects; however, they can be driven by a variety of personal financial planning reasons.
Stakeholder Impact
- Shareholders may react to the executive's stock sales, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Sale of 39,554 shares of Class A Common Stock at $8 per share. |
| 03/07/2024 | Sale of 10,446 shares of Class A Common Stock at $8.005 per share. |
| 03/08/2024 | Sale of 10,000 shares of Class A Common Stock at $8.1 per share. |
| 03/11/2024 | Sale of 50,000 shares of Class A Common Stock at $8.2 per share. |
| 03/11/2024 | Date of Form 4 filing. |
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