Form 4: Senseonics Holdings Executive Mukul Jain Reports Share Disposal for Tax Obligations
SEC Filing
Mukul Jain, Chief Operating Officer of Senseonics Holdings, reports disposing of shares to cover withholding tax obligations upon the vesting of restricted stock units.
Summary
- Mukul Jain, the Chief Operating Officer of Senseonics Holdings, Inc., filed a Form 4 with the SEC on May 19, 2025.
- The report details a transaction on May 15, 2025, where 260,393 shares of common stock were disposed of at a price of $0.55.
- This disposal was to satisfy withholding tax obligations related to the vesting of restricted stock units.
- Following the transaction, Jain beneficially owns 4,473,999 shares of Senseonics Holdings, Inc.
- The filing was signed by Darren K. DeStefano, Attorney-in-Fact.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to executive stock transactions, which is neutral in sentiment.
Industry Context
Executive share transactions are a common occurrence in publicly traded companies, often related to compensation and tax planning. This transaction is specific to Senseonics Holdings and its COO.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership, but it's primarily related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Disposal of shares to cover tax obligations. |
| 05/19/2025 | Date of Form 4 filing. |
Keywords
Form 4, Senseonics Holdings, Mukul Jain, share disposal, restricted stock units, tax obligations, beneficial ownership, SENS
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