Form 4: Streamline Health Director Surrenders Shares for Tax Obligations
Insider Transaction Report
A director at Streamline Health Solutions Inc. surrendered a portion of common stock to satisfy tax withholding obligations upon the vesting of restricted stock.
Summary
- Wyche T Green III, a Director of STREAMLINE HEALTH SOLUTIONS INC. (STRM), reported a transaction on July 18, 2025.
- The transaction involved the surrender of 6,919 shares of Common Stock, with a par value of $0.01, to cover tax withholding obligations upon the vesting of restricted stock.
- The implied price per share for the surrendered stock was $5.3.
- Following this transaction, Wyche T Green III directly beneficially owns 79,526 shares of Common Stock.
- Additionally, 69,845 shares are indirectly beneficially owned through 121G, LLC, where Wyche T Green III serves as the managing member.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction (share surrender for tax withholding) which is a common occurrence for equity compensation and does not indicate a positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing reports a routine insider transaction related to equity compensation and does not provide information relevant to broader industry trends or competitive dynamics.
Stakeholder Impact
- The transaction is a routine administrative event for the director and has minimal direct impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/18/2025 | Date of earliest transaction, involving the surrender of shares for tax withholding. |
| 07/22/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock, Streamline Health Solutions, STRM, Director, Beneficial Ownership
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