Form 4: Pacira BioSciences SVP Lauren Riker Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Lauren Riker, Senior Vice President of Finance at Pacira BioSciences, disposed of 1,843 shares of common stock on June 3, 2024, to cover tax withholding obligations.
Summary
- On June 3, 2024, Lauren Riker, Senior Vice President of Finance at Pacira BioSciences, disposed of 1,843 shares of common stock.
- The transaction was executed to cover tax withholding obligations upon the vesting of a restricted stock unit award.
- The shares were disposed of at a price of $30.89 per share.
- Following the transaction, Riker directly owns 20,685.335 shares of Pacira BioSciences common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing represents a routine transaction for tax purposes and doesn't indicate any strategic shift or concern.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. This filing indicates a routine transaction to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of stock disposal transaction. |
| 06/05/2024 | Date of signature on the Form 4 filing. |
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