Form 4: Semler Scientific Director William H. Chang Gifts Shares to Family

Director William H. Chang of Semler Scientific, Inc. gifted 2,735 shares of common stock to family members on December 16, 2024.

Summary

• William H. Chang, a director at Semler Scientific, Inc., reported a transaction involving the gifting of 2,735 shares of common stock.
• The shares were gifted to his grandchildren and other family members on December 16, 2024.
• Following the transaction, Mr. Chang's direct holdings decreased by 3,500 shares, while his indirect holdings remain substantial.
• Mr. Chang's indirect holdings include 439,660 shares held by the W&D Chang Family Trust, 199,596 shares held in three grantor retained annuity trusts, and 241,508 shares held by Chang 2020 GP LP.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a stock gift, with no inherent positive or negative sentiment.

Industry Context

This is a routine Form 4 filing related to insider transactions, which is common for publicly traded companies. It does not indicate any specific trend or event within the broader industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with regulatory requirements.
• The gifting of shares by insiders is not uncommon and can be for various personal reasons, such as estate planning or charitable giving.
• The level of detail provided in this filing is typical for Form 4 disclosures.

Stakeholder Impact

• The transaction has a minor impact on the overall share ownership structure of the company.
• The gift does not directly affect the company's operations or financial performance.

Key Dates

Keywords

Semler Scientific, SMLR, William H. Chang, stock gift, insider transaction, beneficial ownership, Form 4