Form 4: Senseonics Holdings Executive Kenneth L. Horton Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Kenneth L. Horton, GC & Corp. Development Advisor at Senseonics Holdings, Inc., disposed of shares to cover withholding tax obligations related to vesting restricted stock units.
Summary
- On May 15, 2024, Kenneth L. Horton, GC & Corp. Development Advisor at Senseonics Holdings, Inc., disposed of 108,100 shares of common stock to satisfy withholding tax obligations.
- The shares were disposed of at a price of $0.5.
- Following the transaction, Horton directly owns 1,839,086 shares of Senseonics Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is common for executives who receive stock-based compensation.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the disposal of shares, but it is primarily related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the transaction: disposal of shares. |
| 05/17/2024 | Date of signature on the report. |
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