Form 4: Rafael Holdings CEO William Conkling Reports Stock Transaction
SEC Form 4 Filing
William Conkling, CEO of Rafael Holdings, reports the withholding of shares for tax purposes following the vesting of restricted stock.
Summary
- On March 21, 2025, William Conkling, CEO of Rafael Holdings, reported a transaction involving Class B Common Stock.
- 14,814 shares were withheld by the issuer for tax purposes upon the vesting of restricted stock at a price of $1.93.
- Following the transaction, Conkling beneficially owns 537,001 shares.
- This total includes 146,955 shares held directly, 183,094 fully vested restricted shares, and 206,952 unvested restricted shares that will vest over time.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations on vested stock, and doesn't indicate a significant positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of stock transaction (tax withholding). |
| 03/25/2025 | Date of Form 4 filing. |
| June 21, 2025 | First quarterly vesting date for 38,983 shares. |
| September 21, 2025 | Second quarterly vesting date for 38,983 shares. |
| October 25, 2025 | Vesting date for 10,000 shares. |
| December 21, 2025 | Vesting date for 38,986 shares. |
| January 13, 2026 | Vesting date for 15,000 shares. |
| October 25, 2026 | Vesting date for 10,000 shares. |
| January 13, 2027 | Vesting date for 15,000 shares. |
| October 25, 2027 | Vesting date for 10,000 shares. |
| January 13, 2028 | Vesting date for 15,000 shares. |
| January 13, 2029 | Vesting date for 15,000 shares. |
Keywords
Form 4, Rafael Holdings, William Conkling, Stock Transaction, Beneficial Ownership, Restricted Stock, Tax Withholding
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