Form 4: Privia Health Group EVP David Mountcastle Reports Stock Sales to Cover Tax Obligations
SEC Form 4 Filing
David Mountcastle, EVP & Chief Financial Officer of Privia Health Group, reported the sale of common stock to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- On March 10, 2025, David Mountcastle, EVP & Chief Financial Officer of Privia Health Group, sold 2,979 shares of common stock at a price of $24.53 per share.
- Following this transaction, Mr. Mountcastle directly owns 188,178 shares of Privia Health Group common stock.
- On March 11, 2025, Mr. Mountcastle sold 2,872 shares of common stock at a price of $23.88 per share.
- Following this transaction, Mr. Mountcastle directly owns 185,306 shares of Privia Health Group common stock.
- Mr. Mountcastle's spouse indirectly owns 8,695 shares of Privia Health Group common stock.
- The sales were executed to cover tax withholding obligations associated with the vesting and settlement of restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock sales for tax purposes, which is a common practice.
Industry Context
This is a routine disclosure of stock sales by a company executive, which is common in publicly traded companies. It doesn't necessarily indicate a negative outlook on the company's performance.
Stakeholder Impact
- The stock sales could have a minor impact on shareholders due to the slight dilution of shares.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | David Mountcastle sold 2,979 shares of common stock at $24.53 per share. |
| 03/11/2025 | David Mountcastle sold 2,872 shares of common stock at $23.88 per share. |
| 03/12/2025 | Date of signature for the Form 4 filing. |
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