4/A: SideChannel CEO Brian Haugli Amends SEC Filing Regarding Restricted Stock Units
SEC Filing
Brian Haugli, CEO of SideChannel, Inc., amended his SEC filing to reflect changes in beneficial ownership of restricted stock units and common stock.
Summary
- This SEC Form 4/A filing is an amendment to a previous filing by Brian Wayne Haugli, CEO of SideChannel, Inc.
- The amendment concerns transactions involving restricted stock units (RSUs) and common stock.
- On July 1, 2023, Haugli acquired 666,667 RSUs at a price of $0.3, bringing his total RSU holdings to 1,777,778.
- On July 3, 2023, 113,234 RSUs were disposed of at a price of $0.1 to cover tax obligations after 370,370 RSUs vested, resulting in the issuance of 257,136 shares of common stock.
- Following these transactions, Haugli beneficially owns 1,664,544 RSUs and 86,837,156 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing transactions of company stock. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The vesting of RSUs indicates that Haugli has met certain performance or time-based milestones.
Industry Context
SEC filings are a routine part of corporate governance and provide transparency into the transactions of company insiders. This filing is specific to the individual and their holdings in the company.
Stakeholder Impact
- Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2023 | Acquisition of 666,667 Restricted Stock Units |
| 07/03/2023 | Vesting of 370,370 Restricted Stock Units and disposal of 113,234 RSUs for tax obligations |
| 07/07/2023 | Date of Original Filing |
| 03/18/2024 | Date of signature on the amended filing |
Keywords
SEC Filing, Form 4/A, SideChannel, Brian Haugli, Restricted Stock Units, Common Stock, Beneficial Ownership, Insider Trading
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