Form 4: Pulmonx Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4
Geoffrey Beran Rose, Chief Commercial Officer of Pulmonx Corp, sold shares of common stock to cover tax withholding obligations related to vesting Restricted Stock Units.
Summary
- Geoffrey Beran Rose, the Chief Commercial Officer of Pulmonx Corp, reported the sale of common stock on June 3, 2024.
- The sales were executed to cover tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs).
- A total of 4,297 shares were sold at a price of $6.97 per share.
- Following the reported transactions, Rose directly owns 301,203 shares of Pulmonx Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. The stock sale is related to tax obligations and doesn't necessarily indicate a change in the executive's confidence in the company.
Industry Context
This is a routine Form 4 filing, reflecting insider transactions related to equity compensation. It's common for executives to sell shares to cover tax obligations when RSUs vest.
Key Dates
| Date | Description |
|---|---|
| 06/01/2021 | Date of RSU grant related to some of the share sales. |
| 03/01/2022 | Date of RSU grant related to some of the share sales. |
| 03/01/2023 | Date of RSU grant related to some of the share sales. |
| 03/01/2024 | Date of RSU grant related to some of the share sales. |
| 06/03/2024 | Date of stock sale. |
| 06/05/2024 | Date of Form 4 filing. |
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.