Form 4: Sonendo Inc. Executive Chen Roy T Sells Shares to Cover Tax Obligations

Chief Talent Officer Chen Roy T sold 8,510 shares of Sonendo, Inc. to cover tax withholding obligations related to vesting RSUs.

Summary

• On June 20, 2024, Chen Roy T, Chief Talent Officer of Sonendo, Inc., sold 8,510 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 of $0.0861, with individual transactions ranging from $0.082 to $0.092.
• Following the transaction, Chen Roy T directly owns 233,777 shares of Sonendo, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, with no indication of positive or negative implications for the company's performance.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency when company insiders trade their company's stock. This filing indicates that an executive sold shares to cover tax obligations, which is a common practice.

Key Dates

Keywords

Form 4, Insider Trading, Stock Sale, Chen Roy T, Sonendo Inc., SONX, RSUs, Tax Withholding