Form 4: RadNet Executive Stephen Forthuber Reports Stock Transactions
SEC Form 4
Stephen Forthuber, Pres & COO-Eastern Operations at RadNet, Inc., reports the vesting and sale of restricted stock units.
Summary
- On January 4, 2022, Stephen Forthuber was granted restricted stock units (RSUs) that vest based on performance and time.
- 2,760 RSUs vested based on performance, and these vest in two equal annual installments on January 4, 2024, and January 4, 2025.
- On January 4, 2024, 1,380 RSUs vested and were converted into shares of common stock.
- On January 4, 2025, 1,380 RSUs vested and were converted into shares of common stock.
- On May 16, 2025, Forthuber sold 18,820 shares of RadNet common stock at a price of $60.34 per share.
- Following these transactions, Forthuber directly owns 535,182 shares of RadNet common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the trading activities of insiders.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 01/04/2022 | Reporting person was granted a target number of restricted stock unit ('RSU') subject to performance and time vesting |
| 01/04/2024 | 1,380 RSUs vested and were converted into shares of common stock |
| 01/04/2025 | 1,380 RSUs vested and were converted into shares of common stock |
| 05/16/2025 | 18,820 shares of common stock were sold at $60.34 per share |
| 05/20/2025 | Date of signature for the Form 4 filing |
Keywords
RadNet, RDNT, Stephen Forthuber, stock, Form 4, RSU, restricted stock units, insider trading
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