Form 4: Privia Health Group Director, David P. King, Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director David P. King reports acquiring 11,124 shares of Privia Health Group common stock through restricted stock units and disposing of 33,916 shares.
Summary
- On May 22, 2024, David P. King, a director of Privia Health Group, Inc., reported transactions involving the company's common stock.
- King acquired 11,124 shares of common stock through restricted stock units (RSUs) under the Issuer's 2021 Omnibus Incentive Plan.
- These RSUs will vest on the earlier of (i) the day immediately preceding the Company's 2025 annual meeting of stockholders and (ii) the first anniversary of the date of the grant.
- King also disposed of 33,916 shares of common stock.
- Following these transactions, King beneficially owns 33,916 shares of Privia Health Group, Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Future Outlook
The restricted stock units will vest on the earlier of (i) the day immediately preceding the Company's 2025 annual meeting of stockholders and (ii) the first anniversary of the date of the grant.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into their perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: acquisition of 11,124 restricted stock units and disposal of 33,916 shares. |
| 05/23/2024 | Date of signature for the report. |
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