Form 4: Penumbra Inc. Director Bridget O'Rourke Reports Stock Transactions
SEC Form 4 Filing
Director Bridget O'Rourke reports acquisition and disposal of Penumbra Inc. common stock related to restricted stock units vesting.
Summary
- On February 14, 2025, Bridget O'Rourke, a director of Penumbra Inc., reported transactions involving the company's common stock.
- O'Rourke acquired 744 shares of common stock at $0, and disposed of some shares.
- Following the reported transactions, O'Rourke beneficially owns 5,623 shares of Penumbra Inc.
- The transactions are related to the vesting of restricted stock units, with 1/4 vesting on each of March 31, 2025, June 30, 2025, September 30, 2025, and December 31, 2025, contingent upon continued service as a director.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, related to vesting of restricted stock units. It doesn't indicate any particularly positive or negative sentiment.
Future Outlook
The vesting of restricted stock units is contingent upon Ms. O'Rourke's continued service as a director through the specified dates.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders, such as directors and officers, in their company's stock.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
- The vesting of restricted stock units aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock transaction (acquisition and disposal). |
| 02/19/2025 | Date of signature on 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 | Final vesting date for restricted stock units. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Penumbra Inc, Director, O'Rourke, Restricted Stock Units, Vesting
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