Form 4: SMART Global Holdings Executive Jack A. Pacheco Reports Share Transaction
SEC Form 4 Filing
Jack A. Pacheco, EVP, COO, President of Memory Solutions at SMART Global Holdings, reports disposition of shares to cover tax obligations related to vesting restricted share units.
Summary
- On July 20, 2024, Jack A. Pacheco, an executive at SMART Global Holdings, Inc., disposed of 4,055 ordinary shares to cover tax withholding obligations.
- The shares were disposed of at a price of $23.86 per share.
- Following the transaction, Pacheco directly owns 211,896 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's share transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors regarding the buying and selling activities of executives and directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and share ownership.
Key Dates
| Date | Description |
|---|---|
| 07/20/2024 | Date of the share transaction (disposal of shares). |
| 07/23/2024 | Date of signature for the Form 4 filing. |
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