Form 4: Privia Health Group Director William M. Sullivan Reports Changes in Beneficial Ownership

Sentiment:

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

DateDescription
05/22/2024Date of transaction: acquisition of restricted stock units and disposal of common stock
05/23/2024Date of signature for the report

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.