Form 4: PDF Solutions CTO Andrzej Strojwas Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Andrzej Strojwas, CTO of PDF Solutions, reports the acquisition of 10,000 shares of restricted stock units and a disposition of 2,680 shares to cover tax obligations.
Summary
- On July 1, 2024, Andrzej Strojwas, CTO of PDF Solutions, acquired 10,000 shares of common stock through a restricted stock unit award.
- Mr. Strojwas also disposed of 2,680 shares of common stock on the same day to satisfy tax withholding obligations related to the vesting of restricted stock units at a price of $35.74 per share.
- Following these transactions, Mr. Strojwas beneficially owns 99,600 shares of PDF Solutions common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects standard compensation practices and tax obligations.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of stock award and tax withholding transaction |
| 07/02/2024 | Date of signature on the Form 4 filing |
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