Form 4: Royal Gold Inc. CEO William Heissenbuttel Disposes of Shares to Cover Tax Obligations
SEC Form 4
Royal Gold's CEO, William Heissenbuttel, disposed of 539 common stock shares on August 13, 2024, to cover tax obligations.
Summary
- On August 13, 2024, William Holmes Heissenbuttel, the President & CEO of Royal Gold Inc., disposed of 539 shares of common stock.
- The transaction was executed to satisfy tax obligations.
- The shares were disposed of at a price of $133.33 per share.
- Following the transaction, Heissenbuttel directly owns 110,753 shares of Royal Gold Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to stock-based compensation.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the transaction.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of transaction: CEO disposed of shares to cover tax obligations. |
| 08/14/2024 | Date of signature by Attorney-in-Fact. |
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