4/A: Semler Scientific CEO Douglas Murphy-Chutorian Executes Stock Option and Disposes of Shares to Cover Costs
SEC Form 4/A
Douglas Murphy-Chutorian, CEO of Semler Scientific, exercised a stock option for 71,000 shares and disposed of shares to cover the exercise price and tax withholding.
Summary
- On August 26, 2024, Douglas Murphy-Chutorian, CEO of Semler Scientific, exercised a stock option to acquire 71,000 shares of common stock at a price of $2.10 per share.
- Following the exercise, Mr. Murphy-Chutorian disposed of 33,377 shares at a price of $29.34 per share to cover the exercise price and tax withholding.
- After these transactions, Mr. Murphy-Chutorian directly owns 37,623 shares of Semler Scientific common stock.
- He also indirectly owns 23,571 shares held in a family trust where he is a co-trustee with his spouse, sharing voting and investment power.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's view of the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of stock option exercise and share disposition |
| 08/27/2024 | Original filing date of the Form 4 (amended) |
| 09/06/2024 | Date of signature on the Form 4/A |
| 11/08/2024 | Expiration date of the stock option |
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