Form 4: Penumbra Inc. Director Don W. Kassing Reports Stock Transactions
SEC Form 4 Filing
Director Don W. Kassing reports acquisition and disposal of Penumbra Inc. common stock and restricted stock units.
Summary
- On February 14, 2025, Don W. Kassing, a director of Penumbra Inc., reported transactions involving the company's stock.
- Kassing acquired 744 shares of common stock and disposed of 1,409 shares.
- Following these transactions, Kassing directly owns 0 shares of common stock and indirectly owns 8,500 shares through The Kassing Family Trust.
- The acquired restricted stock units vest in quarterly installments through December 31, 2025, contingent upon continued service as a director.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock acquisition and disposal. |
| 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 | Final vesting date for restricted stock units. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Director, Penumbra Inc, Kassing
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