Form 4: Privia Health Group Director William M. Sullivan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director William M. Sullivan reports acquisition of restricted stock units and disposal of common stock.
Summary
- On May 22, 2024, William M. Sullivan, a director of Privia Health Group, Inc., reported changes in beneficial ownership.
- Sullivan acquired 11,124 restricted stock units 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.
- Sullivan also disposed of 33,916 shares of common stock.
- Sullivan indirectly owns 5,445,018 shares through Brighton Family, LLC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
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
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence for publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: acquisition of restricted stock units and disposal of common stock |
| 05/23/2024 | Date of signature for the report |
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