Form 4: Shattuck Labs Executive Casi DeYoung Reports Stock Disposal
SEC Form 4 Filing
Casi DeYoung, Chief Business Officer of Shattuck Labs, reports disposing of 5,727 shares of common stock to cover tax obligations.
Summary
- Casi DeYoung, the Chief Business Officer of Shattuck Labs, filed a Form 4 with the SEC.
- The filing reports a transaction on January 10, 2025, where 5,727 shares of common stock were disposed of at a price of $1.19 per share.
- This disposal was likely to cover tax obligations related to vesting of restricted stock units.
- Following the transaction, DeYoung directly owns 83,762 shares of Shattuck Labs common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a common practice of executives selling shares to cover tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a relatively small number of shares being disposed of by an executive.
Key Dates
| Date | Description |
|---|---|
| 01/10/2025 | Date of stock disposal transaction |
| 01/13/2025 | Date of signature on the Form 4 filing |
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