Form 4: Sonendo Interim CFO Sells Shares to Cover Tax Obligations
SEC Form 4
Chris Guo, Interim CFO of Sonendo, Inc., sold 481 shares of common stock on April 15, 2024, to cover tax withholding obligations related to vesting RSUs.
Summary
- On April 15, 2024, Chris Guo, the Interim CFO of Sonendo, Inc., sold 481 shares of the company's common stock.
- The shares were sold at a price of $0.082 per share.
- The sale was executed to cover tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs) granted to Mr. Guo on January 13, 2022.
- Following the transaction, Mr. Guo still beneficially owns 51,506 shares of Sonendo common stock.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing related to stock sales for tax purposes. It doesn't convey strong positive or negative sentiment about the company's performance or future outlook.
Industry Context
Sales of shares to cover tax obligations upon vesting of RSUs are a common practice among company executives and do not necessarily reflect a change in their confidence in the company's future prospects.
Stakeholder Impact
- The sale has a minimal impact on shareholders as it is a small transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/13/2022 | Date of RSU grant to Chris Guo. |
| 04/15/2024 | Date of stock sale by Chris Guo. |
| 04/16/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Sonendo, SONX, Chris Guo, Interim CFO, Stock Sale, Tax Withholding, RSUs, Beneficial Ownership
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