Form 4: PROS Holdings Director William Russell Reports Stock Transactions
SEC Form 4 Filing
Director William Russell reports the acquisition and disposal of PROS Holdings, Inc. common stock and restricted stock units.
Summary
- William Russell, a director of PROS Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 11, 2024, Russell acquired 7,205 shares of common stock at $30.63 per share through the vesting of restricted stock units.
- Following this transaction, Russell directly owns 154,144 shares of PROS common stock.
- On May 15, 2024, Russell 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 regulatory filing detailing stock transactions, with neutral sentiment.
Future Outlook
The vesting of the 6,125 restricted stock units is contingent on the earlier of May 15, 2025, or the date of PROS 2025 annual stockholders' meeting.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 05/11/2024 | Acquisition of 7,205 shares of common stock through RSU vesting at $30.63 per share. |
| 05/15/2024 | Grant of 6,125 restricted stock units. |
| 05/15/2025 | Vesting date for 6,125 restricted stock units, or the date of PROS 2025 annual stockholders' meeting, whichever is earlier. |
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.