Form 4: Revance Therapeutics CFO Tobin Schilke Acquires Shares Under Employee Stock Purchase Plan

Sentiment:

SEC Form 4


Revance Therapeutics' CFO, Tobin Schilke, acquired 1,000 shares of common stock through the company's Employee Stock Purchase Plan on December 31, 2024.

Summary

  • On December 31, 2024, Tobin Schilke, CFO of Revance Therapeutics, acquired 1,000 shares of common stock.
  • The acquisition was made through the company's 2014 Employee Stock Purchase Plan.
  • The price per share was $2.1845.
  • Following the transaction, Mr. Schilke beneficially owns 194,666 shares of Revance Therapeutics common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reports a routine transaction. The CFO purchasing shares can be seen as a slightly positive sign, but it's not a major event.

Positives

  • The CFO's participation in the Employee Stock Purchase Plan could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This type of transaction is common for executives who participate in employee stock purchase plans. It's a way for them to increase their ownership stake in the company.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals insider confidence.

Key Dates

DateDescription
12/31/2024Date of stock acquisition by Tobin Schilke
01/03/2025Date of signature on the Form 4 filing

Keywords

Revance Therapeutics, RVNC, Tobin Schilke, CFO, Employee Stock Purchase Plan, Stock Acquisition, Beneficial Ownership, Form 4

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