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 upon vesting of restricted stock.
Summary
- On April 29, 2025, Benjamin Louis Stilwill, the President and CEO of Streamline Health Solutions Inc., engaged in a transaction involving the company's common stock.
- Stilwill surrendered 1,264 shares of common stock to satisfy tax withholding obligations related to the vesting of restricted stock.
- The shares were sold at a price of $2.93 per share.
- Following the transaction, Stilwill directly owns 36,849 shares of Streamline Health Solutions Inc.
- Stilwill also indirectly owns shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to stock vesting.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date of transaction: Stilwill surrendered shares to cover tax obligations. |
| 05/01/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Streamline Health Solutions Inc., STRM, Benjamin Louis Stilwill, Insider Trading, Stock Sale, Tax Withholding, Restricted Stock, CEO
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