Form 4: Streamline Health Solutions CEO Reports Stock Disposals to Cover Tax Obligations

Benjamin Louis Stilwill, President and CEO of Streamline Health Solutions Inc., reports disposing of common stock to satisfy tax withholding obligations related to vesting restricted stock.

Summary

• Benjamin Louis Stilwill, the President and CEO of Streamline Health Solutions Inc., filed a Form 4 with the SEC.
• The form details the disposal of common stock to cover tax withholding obligations upon the vesting of restricted stock.
• The transactions occurred on November 1, 2024, February 14, 2025, and April 1, 2025.
• The prices per share for these transactions were $2.3, $3.67, and $2.72, respectively.
• Following these transactions, Stilwill directly owns 38,113 shares of common stock and indirectly owns 3 shares.
• The Issuer effected a 1-for-15 reverse stock split of its common stock on October 4, 2024, and the number of securities reported on this Form 4 has been adjusted to reflect the reverse stock split.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine stock disposals for tax purposes and doesn't indicate a change in the CEO's overall confidence in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock disposals could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved.

Key Dates

Keywords

Form 4, SEC, Streamline Health Solutions, Benjamin Louis Stilwill, Stock Disposal, Tax Withholding, Insider Trading, STRM