Form 4: SolarWinds Executive Jason Bliss Reports Stock Transactions
SEC Form 4 Filing
Chief Administrative Officer of SolarWinds, Jason Bliss, reports disposition of shares to cover tax obligations related to vesting of restricted and performance stock units.
Summary
- On August 15, 2024, Jason Bliss, Chief Administrative Officer of SolarWinds, reported the disposition of 15,728 shares of common stock at a price of $12.85.
- These shares were withheld to satisfy tax obligations related to the vesting of restricted stock units.
- Additionally, 12,359 shares were disposed of at the same price to cover tax obligations associated with the vesting of performance stock units.
- Following these transactions, Bliss directly owns 973,789 shares of SolarWinds common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes, and it doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to tax obligations from vesting stock units.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock disposition for tax obligations related to vesting of restricted and performance stock units. |
| 08/19/2024 | Date of signature for the Form 4 filing. |
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