Form 4: Penumbra Inc. Director Arani Bose Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Arani Bose reported acquiring and disposing of Penumbra Inc. common stock on February 14, 2025, according to a Form 4 filing.
Summary
- On February 14, 2025, Arani Bose, a director of Penumbra Inc., reported a transaction involving the company's common stock.
- Bose acquired 744 shares of common stock at $0.
- Bose also disposed of an unspecified amount of common stock.
- Following the reported transactions, Bose beneficially owns 338,819 shares of Penumbra Inc.
- A portion of these shares is subject to vesting.
- The filing also indicates that Bose has restricted stock units that vest quarterly through December 31, 2025, contingent on continued service as a director.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The vesting schedule of restricted stock units indicates continued service of Dr. Bose as a director through December 31, 2025.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- Shareholders are informed about the transactions of a key insider, providing transparency into management's actions.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock transaction |
| 02/19/2025 | Date of report filing |
| March 31, 2025 | First vesting date for restricted stock units |
| June 30, 2025 | Second vesting date for restricted stock units |
| September 30, 2025 | Third vesting date for restricted stock units |
| December 31, 2025 | Final vesting date for restricted stock units |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Penumbra Inc, Arani Bose, Director
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