Form 4: SMART Global Holdings Executive Anne Kuykendall Reports Stock Transaction
SEC Form 4
Anne Kuykendall, SVP and Chief Legal Officer of SMART Global Holdings, reports disposition of shares to cover tax obligations related to vesting restricted share units.
Summary
- On July 20, 2024, Anne Kuykendall, SVP and Chief Legal Officer of SMART Global Holdings, Inc. (SGH), reported a transaction involving ordinary shares.
- Kuykendall disposed of 2,050 ordinary shares at a price of $23.86 per share to satisfy tax withholding obligations related to the vesting of restricted share units.
- Following the transaction, Kuykendall beneficially owns 73,141 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/20/2024 | Date of the reported transaction where shares were disposed of to cover tax obligations. |
| 07/23/2024 | Date of signature on the Form 4 filing. |
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