PRO.Pros Holdings, INC

Form 4: PROS Holdings Executive Scott William Cook Reports Stock Transactions

Sentiment:

SEC Form 4

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Scott William Cook, a Senior VP and Chief Accounting Officer at PROS Holdings, Inc., reported the vesting and subsequent withholding of shares to cover taxes related to restricted stock units.

Summary

  • On September 1, 2024, Scott William Cook, a Senior VP and Chief Accounting Officer at PROS Holdings, Inc., had 607 shares of common stock vest from restricted stock units (RSUs).
  • Following the vesting, 239 shares were withheld to cover tax obligations.
  • The price of PROS common stock was $18.34 on September 3, 2024, the first business day after the vesting date.
  • After these transactions, Cook directly owns 53,404 shares of PROS common stock and 66,429 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects routine executive compensation and tax obligations.

Key Dates

DateDescription
03/01/2022RSUs were granted on March 1, 2022 in the amount of 9,718 units, with a final lapse date of March 1, 2026.
09/01/2024Vesting of 607 shares of common stock from restricted stock units.
09/03/2024Price of PROS common stock was $18.34.
09/04/2024Date of the report filing.

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