Form 4: Seer, Inc. Executive David R. Horn Reports Tax Liability Stock Disposal
SEC Form 4 Filing
David R. Horn, President & CFO of Seer, Inc., disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 18, 2025, David R. Horn, the President & CFO of Seer, Inc., engaged in a transaction involving Class A Common Stock.
- A total of 26,572 shares were disposed of at a price of $2.3 per share.
- This disposal was to cover the reporting person's tax liability related to the vesting of restricted stock units (RSUs).
- Following the transaction, Horn directly owns 450,389 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: disposal of shares to cover tax liability. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
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.