Form 4: Senseonics Holdings Executive Kenneth L. Horton Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Kenneth L. Horton, GC & Corp. Development Advisor at Senseonics Holdings, Inc., disposed of shares to cover withholding tax obligations upon the vesting of restricted stock units.
Summary
- On June 15, 2024, Kenneth L. Horton, GC & Corp. Development Advisor at Senseonics Holdings, Inc., disposed of 80,785 shares of common stock to satisfy withholding tax obligations.
- The shares were disposed of at a price of $0.39 per share.
- Following the transaction, Horton beneficially owns 2,893,905 shares of Senseonics Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction related to tax obligations and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure related to insider transactions and is a common occurrence in publicly traded companies. It reflects the vesting of restricted stock units and the subsequent disposal of shares to cover tax obligations, which is a standard practice.
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 |
|---|---|
| 06/15/2024 | Date of transaction: Disposal of shares to cover withholding tax obligations. |
| 06/18/2024 | Date of signature on the Form 4 filing. |
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