Form 4: Seer Inc. CFO David R. Horn Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David R. Horn, President and CFO of Seer, Inc., sold 3,550 shares of Class A Common Stock on February 4, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On February 4, 2025, David R. Horn, the President and CFO of Seer, Inc., sold 3,550 shares of Class A Common Stock.
- The sale was executed at a price of $2.2365 per share.
- The transaction was conducted to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
- Following the transaction, Horn directly owns 476,961 shares of Seer, Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction to cover tax obligations. It doesn't indicate any positive or negative outlook for the company.
Future Outlook
There are no forward-looking statements in this document.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This filing indicates that the CFO sold shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact as it was for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of the transaction: David R. Horn sold 3,550 shares of Class A Common Stock. |
| 02/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Seer, Inc., David R. Horn, Stock Sale, Tax Obligations, RSUs, Class A Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.