Form 4: Redfin Executive Anna Stevens Reports Stock Transactions
SEC Form 4
Anna Stevens, Chief Human Resources Officer at Redfin, reports the acquisition and disposal of Redfin common stock and restricted stock units.
Summary
- On August 20, 2024, Anna Stevens, Chief Human Resources Officer of Redfin Corp, reported transactions involving Redfin's common stock and restricted stock units.
- These transactions included the acquisition of common stock through the conversion of restricted stock units and the disposal of common stock to cover tax obligations.
- Specifically, 12,473, 4,107 and 7,488 restricted stock units were converted to common stock.
- A total of 7,169 shares of common stock were disposed of at a price of $9.12 to cover tax obligations.
- Following these transactions, Stevens directly owns 16,909 shares of Redfin common stock and holds 114,626 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 08/20/2023 | Initial vesting date for some of the restricted stock units. |
| 08/20/2024 | Date of the reported transactions: conversion of restricted stock units and disposal of common stock. |
| 08/20/2026 | Date by which 100% of some of the restricted stock units will be vested. |
| 05/20/2025 | Date by which 100% of some of the restricted stock units will be vested. |
| 05/20/2026 | Date by which 100% of some of the restricted stock units will be vested. |
| 12/01/2032 | Expiration date for some of the restricted stock units. |
| 05/30/2033 | Expiration date for some of the restricted stock units. |
| 05/28/2034 | Expiration date for some of the restricted stock units. |
| 08/22/2024 | Date of the Form 4 filing. |
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