Form 4: Personalis CEO Christopher Hall Sells Shares to Cover Tax Obligations
SEC Form 4
Personalis, Inc. CEO Christopher M. Hall sold 26,443 shares of common stock on November 1, 2024, to cover tax withholding obligations.
Summary
- On November 1, 2024, Christopher M. Hall, the President and CEO of Personalis, Inc., sold 26,443 shares of the company's common stock.
- The sale was executed at a weighted average price of $5.38 per share.
- The shares were sold to cover tax withholding obligations arising from the settlement of vested restricted stock units.
- Following the transaction, Hall directly owns 178,098 shares of Personalis, Inc.
- The price per share ranged from $5.05 to $5.58.
Sentiment
Score: 5
Explanation: This is a neutral event. The CEO sold shares to cover taxes, which is a common practice.
Industry Context
This is a routine transaction for executives to cover tax obligations when restricted stock units vest. It doesn't necessarily indicate a change in the executive's confidence in the company.
Stakeholder Impact
- The sale may have a minor impact on shareholders due to the slight dilution of shares.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of stock sale transaction |
| 11/05/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.