LUNG.NASDAQPulmonx CORP

Form 4: Pulmonx Corp Executive Rose Geoffrey Beran Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing

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Chief Commercial Officer of Pulmonx Corp, Rose Geoffrey Beran, sold shares of common stock to cover tax withholding obligations related to vesting Restricted Stock Units (RSUs).

Summary

  • On September 3, 2024, Rose Geoffrey Beran, Chief Commercial Officer of Pulmonx Corp, sold shares of the company's common stock.
  • The sales were executed in multiple transactions at prices ranging from $6.69 to $6.71 per share.
  • A total of 4,586 shares were sold to cover tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs) granted on various dates.
  • Following these transactions, Beran directly owns 295,433 shares of Pulmonx Corp common stock.

Sentiment

Score: 5

Explanation: The document describes routine share sales to cover tax obligations, which is neutral in sentiment.

Industry Context

Executive share sales are a common occurrence, particularly to cover tax obligations related to equity compensation. The sales themselves don't necessarily indicate a negative outlook for the company.

Stakeholder Impact

  • The share sales may have a minor dilutive effect on existing shareholders.

Key Dates

DateDescription
June 1, 2021Date of RSU grant related to some of the share sales.
March 1, 2022Date of RSU grant related to some of the share sales.
March 1, 2023Date of RSU grant related to some of the share sales.
March 1, 2024Date of RSU grant related to some of the share sales.
09/03/2024Date of the share sales.
09/05/2024Date of the signature on the Form 4 filing.

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