Form 4: Senseonics Holdings Executive Mukul Jain Reports Stock Transaction
SEC Form 4 Filing
Mukul Jain, Chief Operating Officer of Senseonics Holdings, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On May 15, 2024, Mukul Jain, the Chief Operating Officer of Senseonics Holdings, Inc., reported a transaction involving the company's common stock.
- Jain disposed of 151,796 shares to satisfy withholding tax obligations upon the vesting of restricted stock units.
- The shares were disposed of at a price of $0.5.
- Following the transaction, Jain beneficially owns 2,944,978 shares of Senseonics Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction |
| 05/17/2024 | Date of signature by Attorney-in-Fact |
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