Form 4: Rafael Holdings CFO David Polinsky Acquires 50,000 Shares of Class B Common Stock
SEC Form 4 Filing
David Polinsky, CFO of Rafael Holdings, Inc., acquired 50,000 shares of Class B Common Stock at $1.954 per share on January 13, 2025, according to a Form 4 filing.
Summary
- On January 13, 2025, David Polinsky, the Chief Financial Officer of Rafael Holdings, Inc., acquired 50,000 shares of Class B Common Stock.
- The purchase price was $1.954 per share.
- Following the transaction, Polinsky directly owns 195,918 shares of Class B Common Stock, which includes both fully vested and unvested restricted shares.
- The unvested restricted shares vest over time, with portions vesting quarterly and annually through January 13, 2029.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a transaction by an insider. The purchase itself could be seen as slightly positive, indicating confidence, but the filing itself is simply a procedural requirement.
Positives
- The CFO's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company buy or sell the company's securities. They provide transparency into the transactions of company executives and directors.
Stakeholder Impact
- The CFO's purchase of shares could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/13/2025 | Date of transaction: CFO David Polinsky acquired 50,000 shares of Class B Common Stock. |
| 01/13/2026 | First vesting date for 12,500 restricted shares. |
| 01/13/2027 | Second vesting date for 12,500 restricted shares. |
| 01/13/2028 | Third vesting date for 12,500 restricted shares. |
| 01/13/2029 | Final vesting date for 12,500 restricted shares. |
| 03/21/2025 | Start date for quarterly vesting of 6,250 shares. |
| 09/23/2025 | Vesting date for 3,750 shares. |
| 10/25/2025 | Vesting date for 10,000 shares. |
| 10/25/2026 | Vesting date for 10,000 shares. |
| 10/25/2027 | Vesting date for 10,000 shares. |
| 12/21/2026 | End date for quarterly vesting of 6,250 shares. |
| 01/15/2025 | Date of signature on the Form 4 filing. |
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