Form 4: Senseonics CFO Frederick T. Sullivan Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Frederick T. Sullivan, CFO of Senseonics Holdings, Inc., disposed of shares to cover withholding tax obligations related to vesting restricted stock units.
Summary
- On May 15, 2024, Frederick T. Sullivan, the Chief Financial Officer of Senseonics Holdings, Inc., disposed of common stock to cover withholding tax obligations.
- Sullivan disposed of 102,386 shares at a price of $0.5.
- Following the transaction, Sullivan directly owns 1,278,775 shares of Senseonics Holdings, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard transaction related to tax obligations and does not indicate a change in the company's fundamentals.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the company's overall outlook or performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Frederick T. Sullivan disposed of shares. |
| 05/17/2024 | Date of signature by Attorney-in-Fact. |
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