Form 4: Performant Healthcare Inc: CEO Simeon Kohl Reports Stock Transactions
SEC Form 4 Filing
CEO Simeon Kohl reports the vesting of restricted stock units and subsequent tax liability fulfillment through share surrender.
Summary
- On May 14, 2025, Simeon Kohl, CEO of Performant Healthcare Inc., reported transactions involving common stock and restricted stock units.
- Kohl acquired 25,000 shares of common stock through the vesting of restricted stock units.
- He also acquired 45,862 shares of common stock through the vesting of additional restricted stock units.
- To cover tax liabilities associated with the vesting, Kohl surrendered 9,088 shares at a price of $2.59 per share.
- Additionally, 16,671 shares were surrendered at $2.59 per share to cover taxes on the vesting of another set of restricted stock units.
- Following these transactions, Kohl directly owns 469,927 shares of Performant Healthcare Inc.
- The reported transactions were made pursuant to Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares outstanding.
Key Dates
| Date | Description |
|---|---|
| March 10, 2022 | Grant date of restricted stock unit award vesting in four equal installments. |
| May 5, 2023 | Grant date of restricted stock unit award vesting in four equal installments. |
| May 14, 2025 | Date of transactions involving common stock and restricted stock units. |
| May 16, 2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, Simeon Kohl, Performant Healthcare Inc, PHLT, Restricted Stock Units, Stock Transactions, CEO
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