Form 4: Penumbra Inc. Director Thomas Wilder Reports Changes in Beneficial Ownership
SEC Form 4
Director Thomas Wilder reports acquisition and disposal of Penumbra Inc. common stock, including restricted stock units vesting quarterly.
Summary
- On February 14, 2025, Thomas Wilder, a director of Penumbra Inc., reported changes in his beneficial ownership of the company's common stock.
- He acquired 744 shares of common stock and disposed of 1,077 shares.
- The acquisition of 744 shares was through restricted stock units that vest as to 1/4 on each of March 31, 2025, June 30, 2025, September 30, 2025, and December 31, 2025, subject to continued service as a director.
- Wilder also has indirect ownership of 4,893 shares held by the Thomas and Catharine Wilder Family Trust dated March 31, 2006.
- Changes between direct and indirect holdings through the trust are exempt from Section 16 reporting requirements as mere changes in the form of beneficial ownership.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The restricted stock units vest quarterly through December 31, 2025, contingent on continued service as a director.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 2006-03-31 | Date of the Thomas and Catharine Wilder Family Trust |
| 2025-02-14 | Date of the reported transactions |
| 2025-02-19 | Date of signature for the report |
| 2025-03-31 | First vesting date for restricted stock units |
| 2025-06-30 | Second vesting date for restricted stock units |
| 2025-09-30 | Third vesting date for restricted stock units |
| 2025-12-31 | Fourth vesting date for restricted stock units |
Keywords
beneficial ownership, Form 4, Penumbra Inc, Thomas Wilder, director, stock, restricted stock units, transactions
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