Form 4: Streamline Health Solutions CEO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Benjamin Louis Stilwill, President and CEO of Streamline Health Solutions, sold shares to cover tax withholding obligations related to vesting restricted stock.
Summary
- On February 14, 2024, Benjamin Louis Stilwill, the President and CEO of Streamline Health Solutions, sold 10,821 shares of common stock at a price of $0.51 per share to cover tax obligations.
- Following this transaction, Stilwill directly owns 623,603 shares of Streamline Health Solutions.
- On April 1, 2024, Stilwill sold 18,327 shares of common stock at a price of $0.48 per share to cover tax obligations.
- Following this transaction, Stilwill directly owns 605,276 shares of Streamline Health Solutions.
- Stilwill also indirectly owns 52 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, as it simply reports facts.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations is a common practice.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the stated reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 02/14/2024 | Sale of 10,821 shares of common stock at $0.51 per share. |
| 04/01/2024 | Sale of 18,327 shares of common stock at $0.48 per share. |
| 08/15/2024 | Date of signature on the report. |
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