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 May 15, 2024, Timothy T Goodnow, the President and CEO of Senseonics Holdings, Inc., disposed of common stock to cover withholding tax obligations.
- A total of 7,349,176 shares of common stock are beneficially owned following the reported transaction.
- The transaction involved the withholding of shares to satisfy tax obligations upon the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the disposal of shares by an executive for tax purposes, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Disposal of shares by Timothy Goodnow. |
| 05/17/2024 | Date of signature by Attorney-in-Fact. |
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