Form 4: PROS Holdings Executive Scott William Cook Reports Stock Transactions
SEC Form 4
Scott William Cook, Sr. VP and Chief Accounting Officer of PROS Holdings, Inc., reported the acquisition and disposal of common stock and restricted stock units on July 12, 2024.
Summary
- On July 12, 2024, Scott William Cook, Sr. VP, Chief Accounting Officer of PROS Holdings, Inc., engaged in transactions involving the company's stock.
- Cook acquired 2,314 shares of common stock upon the vesting of restricted stock units at a price of $25.02.
- Concurrently, Cook disposed of 911 shares of common stock.
- Following these transactions, Cook directly owns 53,036 shares of PROS common stock and 67,036 restricted stock units.
- These restricted stock units represent the contingent right to receive one share of PROS common stock each.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/11/2021 | Date of award of 3,623 unvested RSUs, vesting in 4 equal annual installments beginning 1/11/22, and a final lapse date of 1/11/25 |
| 01/10/2022 | Date of award of 7,584 unvested RSUs, vesting at 25% after 1-year on the anniversary date and the remainder vesting at 6.25% on the 10th day of the 1st month of each quarter thereafter |
| 03/01/2022 | Date of award of 4,254 unvested RSUs, vesting at 25% after 1-year on the anniversary date and the remainder vesting at 6.25% after the completion of each 3-month calendar period thereafter |
| 01/12/2023 | Date of award of 23,150 unvested RSUs, vesting at 25% after 1-year on the anniversary date and the remainder vesting at the rate of 6.25%on the 12th day of the 1st month of each quarter thereafter |
| 01/12/2024 | Date of award of 28,425 unvested RSUs, vesting at 25% after 1-year on the anniversary date and the remainder vesting at the rate of 6.25% on the 12th day of the 1st month of each quarter thereafter |
| 07/12/2024 | Date of transaction: Acquisition of 2,314 shares and disposal of 911 shares. |
| 07/15/2024 | Date of signature on the Form 4 filing. |
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