Form 4: Senseonics Holdings CEO Timothy Goodnow Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Senseonics Holdings CEO Timothy Goodnow disposed of shares to cover withholding tax obligations related to vesting restricted stock units.
Summary
- On June 15, 2024, Timothy T Goodnow, the President and CEO of Senseonics Holdings, Inc., disposed of shares of common stock to cover withholding tax obligations.
- A total of 275,206 shares were disposed of at a price of $0.39 per share.
- Following the transaction, Goodnow directly owns 11,627,521 shares of Senseonics Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider transactions. The disposal of shares for tax purposes is a neutral event.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Date of the transaction where shares were disposed of. |
| 06/18/2024 | Date of signature for 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.