Form 4: Director Janet Leeds Reports Stock Transactions in Penumbra Inc (PEN)
SEC Form 4 Filing
Janet Leeds, a director at Penumbra Inc, reported the acquisition of 744 shares of common stock and the disposal of 6,050 shares on February 14, 2025.
Summary
- On February 14, 2025, Janet Leeds, a director of Penumbra Inc, filed a Form 4 indicating changes in her beneficial ownership of the company's stock.
- She acquired 744 shares of common stock.
- She disposed of 6,050 shares of common stock.
- Following these transactions, Ms. Leeds beneficially owns a certain amount of Penumbra Inc stock, some of which is subject to vesting.
- Restricted stock units vest as to 1/4 on each of March 31, 2025, June 30, 2025, September 30, 2025, and December 31, 2025, subject to Ms. Leeds' continued service as director through such dates.
Sentiment
Score: 5
Explanation: This is a neutral document detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies. It provides transparency into the actions of company leadership.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the director's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock transactions (acquisition and disposition). |
| 02/19/2025 | Date of signature for the report. |
| 03/31/2025 | First vesting date for restricted stock units. |
| 06/30/2025 | Second vesting date for restricted stock units. |
| 09/30/2025 | Third vesting date for restricted stock units. |
| 12/31/2025 | Fourth vesting date for restricted stock units. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Director, Penumbra Inc, Janet Leeds, Securities
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