Form 4: Ryvyl Inc. CEO Fredi Nisan Reports Stock Transaction
SEC Form 4 Filing
Fredi Nisan, CEO of Ryvyl Inc., reports the disposal of 137 shares of common stock to cover tax liabilities.
Summary
- On March 13, 2024, Fredi Nisan, the CEO of Ryvyl Inc., disposed of 137 shares of common stock at a price of $3.94 per share.
- This transaction was to cover the tax liability associated with the vesting of registered shares granted on September 15, 2023, as compensation.
- Following the transaction, Nisan directly owns 2,030,248 shares of Ryvyl Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of a stock transaction for tax purposes.
Industry Context
This is a routine Form 4 filing, reflecting a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 09/15/2023 | Date of registered shares granted for September compensation. |
| 03/13/2024 | Date of stock disposal transaction. |
| 03/14/2024 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, RYVYL, RVYL, Fredi Nisan, CEO, Stock Transaction, Share Disposal, Tax Liability
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