Form 4: PROS Holdings Executive Todd McNabb Reports Stock Transactions
SEC Form 4 Filing
Todd McNabb, Chief Revenue Officer of PROS Holdings, reports the acquisition and disposal of common stock and restricted stock units on April 21, 2025, according to a Form 4 filing.
Summary
- On April 21, 2025, Todd McNabb, the Chief Revenue Officer of PROS Holdings, Inc., engaged in transactions involving the company's common stock and restricted stock units (RSUs).
- McNabb acquired 7,467 shares of common stock at a price of $15.78 through the vesting of restricted stock units.
- Simultaneously, 3,341 shares were disposed of, also at $15.78, likely to cover tax obligations related to the RSU vesting.
- An additional 17,921 shares were acquired through RSU vesting at $15.78, with 8,018 shares disposed of at the same price.
- Following these transactions, McNabb directly owns 14,029 shares of common stock and 229,304 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. 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 insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders, which is important for maintaining investor confidence.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The transactions themselves have a minimal direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 04/18/2024 | Date of grant for 7,467 RSUs, vesting at 25% after 1 year and the remainder vesting at 6.25% on the 18th day of the 1st month of each quarter thereafter. |
| 10/16/2024 | Date of grant for 105,429 RSUs, vesting at 25% after 1 year and the remainder vesting at 6.25% on the 16th day of the 1st month of each quarter thereafter. |
| 01/15/2025 | Date of grant for 70,112 RSUs, vesting at 25% after 1 year and the remainder vesting at 6.25% on the 15th day of the 1st month of each quarter thereafter. |
| 04/21/2025 | Date of stock transactions: acquisition and disposal of common stock and RSUs. |
| 04/22/2025 | Date of signature on the Form 4 filing. |
Keywords
PROS Holdings, Todd McNabb, Form 4, Stock Transactions, Restricted Stock Units, Common Stock, Chief Revenue Officer, Insider Trading
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