Form 4: Privia Health Group Director Receives Restricted Stock Units

David S. Wichmann, a director at Privia Health Group, received 11,124 restricted stock units on May 22, 2024, under the company's 2021 Omnibus Incentive Plan.

Summary

• On May 22, 2024, David S. Wichmann, a director of Privia Health Group, Inc., received 11,124 restricted stock units.
• These units were granted under the Issuer's 2021 Omnibus Incentive Plan.
• 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.
• Following this transaction, Wichmann directly owns 17,313 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of restricted stock units is a standard practice and indicates confidence in the company's future performance. It also aligns the director's interests with those of the shareholders.

Positives

• The grant of restricted stock units aligns the director's interests with the company's performance and shareholder value.

Future Outlook

The vesting of the restricted stock units is tied to future events, specifically the 2025 annual meeting or the first anniversary of the grant date, incentivizing the director to contribute to the company's success.

Industry Context

Grants of restricted stock units are a common practice in the healthcare industry to incentivize and retain key personnel, aligning their interests with the long-term performance of the company.

Stakeholder Impact

• Shareholders may view the grant positively as it aligns the director's interests with the company's long-term success.

Key Dates