Form 4: SolarWinds CEO Sudhakar Ramakrishna Reports Stock Transaction
SEC Form 4 Filing
SolarWinds CEO Sudhakar Ramakrishna reports the withholding of 15,796 shares to cover tax obligations related to vesting restricted stock units, leaving him with 2,115,917 shares.
Summary
- On January 4, 2025, SolarWinds CEO Sudhakar Ramakrishna reported a transaction involving the withholding of 15,796 common stock shares.
- The shares were withheld to satisfy tax obligations related to the vesting of restricted stock units.
- The transaction price was $14.15 per share.
- Following the transaction, Ramakrishna directly owns 2,115,917 shares of SolarWinds Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and does not necessarily reflect a strategic shift or material event for SolarWinds.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is related to tax obligations of the CEO.
Key Dates
| Date | Description |
|---|---|
| 01/04/2025 | Date of stock transaction (withholding of shares for tax obligations). |
| 01/07/2025 | Date of signature on the Form 4 filing. |
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