Form 4: Sonendo CEO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Bjarne Bergheim, President and CEO of Sonendo, Inc., sold shares to cover tax withholding obligations related to RSU vesting.
Summary
- On March 15, 2024, Bjarne Bergheim, the President and CEO of Sonendo, Inc., sold 23,351 shares of common stock.
- The sale was executed to cover tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs) granted on March 14, 2023.
- The shares were sold at a weighted average price ranging from $0.095 to $0.109.
- Following the transaction, Bergheim directly owns 1,945,632 shares of Sonendo, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sell to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales to cover tax obligations upon vesting of restricted stock units are a routine part of executive compensation and are not necessarily indicative of the executive's long-term outlook for the company.
Stakeholder Impact
- The sale of shares could have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/14/2023 | Date of RSU grant to Bjarne Bergheim. |
| 03/15/2024 | Date of stock sale by Bjarne Bergheim. |
| 03/18/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Sonendo, SONX, Bjarne Bergheim, Stock Sale, RSU Vesting, Tax Withholding, Insider Trading
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