Form 4: Former 10% Owner of SecureWorks Corp, Neil Gagnon, Terminates Reporting Obligations

Neil Gagnon, a former 10% owner of SecureWorks Corp, is no longer subject to Section 16 reporting requirements as of November 19, 2024.

Summary

• This document is a Form 4 filing indicating a change in beneficial ownership for Neil Gagnon.
• Neil Gagnon's status as a ten percent beneficial owner of SecureWorks Corp terminated on November 19, 2024.
• As a result of this change, Neil Gagnon is no longer subject to Section 16 reporting requirements.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing indicating a change in ownership status, which is neither positive nor negative.

Industry Context

This filing is a standard regulatory disclosure related to changes in ownership and reporting obligations, which is common in the financial industry.

Comparison to Industry Standards

• Form 4 filings are a standard practice for individuals who are considered insiders or large shareholders of publicly traded companies.
• The termination of reporting obligations is a normal event when an individual's ownership falls below the threshold requiring such reporting.

Stakeholder Impact

• The change in reporting status for Neil Gagnon has minimal direct impact on stakeholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Section 16, SecureWorks Corp, Reporting Person, Neil Gagnon