Form 4: SolarWinds EVP, CFO & Treasurer James Barton Kalsu Reports Stock Transactions
SEC Form 4 Filing
James Barton Kalsu, EVP, CFO & Treasurer of SolarWinds Corp, reports disposition of shares to cover tax obligations related to vesting of restricted stock units and performance stock units.
Summary
- On August 15, 2024, James Barton Kalsu, the EVP, CFO & Treasurer of SolarWinds Corp, reported transactions involving the company's common stock.
- A total of 15,728 shares were disposed of at a price of $12.85 to cover tax obligations related to the vesting of restricted stock units.
- Additionally, 12,359 shares were disposed of at a price of $12.85 to cover tax obligations related to the vesting of performance stock units.
- Following these transactions, Kalsu directly owns 1,114,477 shares of SolarWinds Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock transactions (disposal of shares for tax obligations). |
| 08/19/2024 | Date of signature for the Form 4 filing. |
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