Form 4: Planet 13 Holdings Director O'Neal Reports RSU Vesting
SEC Form 4
Director Adrienne O'Neal reports the vesting and subsequent disposal of Planet 13 Holdings Inc. Restricted Stock Units (RSUs).
Summary
- On March 22, 2024, Adrienne O'Neal, a director of Planet 13 Holdings Inc., reported the vesting of 69,494 Restricted Stock Units (RSUs), each representing the right to receive one share of common stock.
- Following the vesting, O'Neal disposed of 26,165 shares to cover tax obligations at a price of $0.519 per share.
- After these transactions, O'Neal directly owns 223,873 shares of Planet 13 Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard vesting and disposal of shares by a company director.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of RSU vesting and stock disposal |
| 03/26/2024 | Date of signature on the Form 4 |
| 06/22/2024 | Expiration date of the Restricted Stock Units |
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.