Form 4: PROS Holdings Director Timothy Williams Reports Stock Transactions
SEC Form 4
Director Timothy Williams reports acquisition and disposal of PROS Holdings stock and restricted stock units.
Summary
- On May 11, 2024, Timothy Williams, a director of PROS Holdings, acquired 7,205 shares of common stock at $30.63 per share through the vesting of restricted stock units.
- On May 14, 2024, Williams sold 2,882 shares of common stock at $31.03 per share.
- Following these transactions, Williams directly owns 124,054 shares of PROS Holdings common stock.
- Williams also acquired 6,125 restricted stock units on May 15, 2024, 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 regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to the market regarding their investment activities in the company.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the stock's trading volume.
Key Dates
| Date | Description |
|---|---|
| November 15, 2023 | Date the Reporting Person adopted a Rule 10b5-l trading plan |
| May 11, 2024 | Date of RSU vesting and acquisition of 7,205 shares. |
| May 13, 2024 | Date of closing price of PROS Holdings, Inc. Common Stock. |
| May 14, 2024 | Date of sale of 2,882 shares. |
| May 15, 2024 | Date of PROS 2024 annual stockholders' meeting and acquisition of 6,125 RSUs. |
| May 15, 2025 | Date of RSU vesting or the date of PROS 2025 annual stockholders' meeting. |
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.