Form 4: Performant Healthcare Director Sells Shares in Open Market Transaction

Lisa Im, a director at Performant Healthcare, sold 6,154 shares of common stock at an average price of $3.2584 per share.

Summary

• Lisa Im, a director at Performant Healthcare Inc., sold 6,154 shares of the company's common stock on December 10, 2024.
• The shares were sold at a weighted average price of $3.2584 per share, with individual trades ranging from $3.25 to $3.28.
• Following the transaction, Ms. Im beneficially owns 1,410,280 shares of Performant Healthcare common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
• The sale by Lisa Im is similar to other insider transactions reported by directors and officers of publicly listed companies.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or financial health.

Key Dates

Keywords

Form 4, insider trading, stock sale, Performant Healthcare, PFMT, Lisa Im, director