Form 4: Planet 13 Holdings Inc. Executive Tatev Oganyan Reports Vesting of Restricted Stock Units
SEC Form 4 Filing
Tatev Oganyan, General Counsel of Planet 13 Holdings Inc., reports the vesting of restricted stock units and subsequent forfeiture of shares to cover taxes.
Summary
- On April 2, 2025, Tatev Oganyan, the General Counsel of Planet 13 Holdings Inc., had 100,000 Restricted Stock Units (RSUs) vest.
- Of these, 42,000 shares were forfeited to cover taxes associated with the vesting.
- The transaction was executed at a price of $0.2401.
- Following the transaction, Ms. Oganyan directly owns 58,000 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to executive compensation. It doesn't indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It provides transparency regarding the equity holdings of company insiders.
Stakeholder Impact
- The vesting of RSUs impacts shareholders by potentially diluting the value of existing shares, although the effect is minimal in this case.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of RSU vesting and forfeiture of shares for taxes. |
| 03/22/2026 | Expiration date of the Restricted Stock Units. |
| 04/04/2025 | Date of Form 4 filing. |
Keywords
Form 4, Planet 13 Holdings Inc., PLNH, Tatev Oganyan, Restricted Stock Units, RSU, Vesting, General Counsel, Beneficial Ownership
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