Form 4: PROS Holdings Director Greg Petersen Reports Stock Transactions
SEC Form 4 Filing
Director Greg Petersen reports acquisition and disposal of PROS Holdings stock and restricted stock units.
Summary
- On May 11, 2024, Greg Petersen, a director of PROS Holdings, Inc., reported the acquisition of 7,205 shares of common stock at a price of $30.63 through the vesting of restricted stock units.
- Following this transaction, Petersen directly owns 119,045 shares of PROS common stock.
- On May 15, 2024, Petersen was granted 6,125 restricted stock units which will vest on the earlier of May 15, 2025, or the date of PROS 2025 annual stockholders' meeting.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment about the company's overall prospects.
Future Outlook
The reported transactions provide insight into the director's holdings and future vesting schedules, but do not offer explicit forward-looking statements about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for signals about management's confidence in the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the director's transactions as an indicator of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/11/2024 | Vesting of 7,205 restricted stock units, resulting in the acquisition of common stock at $30.63. |
| 05/15/2024 | Grant of 6,125 restricted stock units which will vest on the earlier of May 15, 2025, or the date of PROS 2025 annual stockholders' meeting. |
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