Form 4: Personalis SVP and Chief Legal Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Stephen Michael Moore, SVP and Chief Legal Officer of Personalis, Inc., sold 4,523 shares of common stock on April 30, 2024, to cover tax withholding obligations.
Summary
- On April 30, 2024, Stephen Michael Moore, the SVP and Chief Legal Officer of Personalis, Inc., sold 4,523 shares of the company's common stock.
- The sale was executed at a price of $1.37 per share.
- The transaction was conducted to cover tax withholding obligations arising from the settlement of vested restricted stock units.
- Following the transaction, Moore directly owns 72,397 shares of Personalis, Inc.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of a stock sale to cover tax obligations, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders buy or sell their company's stock. These filings provide transparency into the transactions of individuals with access to non-public information.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of the stock sale transaction. |
| 05/02/2024 | Date of signature on the Form 4 filing. |
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