Form 4: Shattuck Labs Executive Stephen Stout Reports Stock Disposal to Cover Tax Obligations

Stephen Stout, General Counsel, Corporate Secretary, and Chief Ethics and Compliance Officer of Shattuck Labs, disposed of 967 shares of common stock on May 10, 2024, to cover tax obligations.

Summary

• On May 14, 2024, Stephen Stout, General Counsel, Corporate Secretary, and Chief Ethics and Compliance Officer of Shattuck Labs, filed a Form 4 with the SEC.
• The form reports a transaction on May 10, 2024, where 967 shares of common stock were disposed of at a price of $10.42.
• This disposal was to cover tax obligations.
• Following the transaction, Stout beneficially owns 73,470 shares of Shattuck Labs common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes. It doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value and prospects.

Key Dates