Form 4: PROS Holdings Director Raja Hammoud Reports Stock Transactions
SEC Form 4 Filing
Director Raja Hammoud reports the vesting and disposal of restricted stock units and acquisition of common stock in PROS Holdings, Inc.
Summary
- On May 11, 2024, Raja Hammoud, a director of PROS Holdings, Inc., had restricted stock units (RSUs) vest, resulting in the acquisition of 7,205 shares of common stock at a price of $30.63.
- Concurrently, 7,205 shares were disposed of.
- Following these transactions, Hammoud directly owns 21,830 shares of PROS common stock.
- Additionally, on May 15, 2024, Hammoud was granted 6,125 restricted stock units that will vest on the earlier of May 15, 2025, or the date of PROS 2025 annual stockholders' meeting, resulting in a total of 6,125 RSUs owned.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The document indicates future vesting of restricted stock units in May 2025, or at the 2025 annual stockholders' meeting.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/11/2024 | Vesting of 7,205 Restricted Stock Units and disposal of 7,205 shares |
| 05/15/2024 | Grant of 6,125 Restricted Stock Units |
| 05/15/2024 | Date of PROS 2024 annual stockholders' meeting |
| 05/15/2025 | Vesting date for 6,125 Restricted Stock Units (or date of 2025 annual meeting) |
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