Form 4: Streamline Health Solutions Director Wyche T. Green, III, Reports Stock Transactions

Sentiment:

SEC Form 4


Director Wyche T. Green, III, of Streamline Health Solutions reports the surrender of shares to cover tax obligations and beneficial ownership details.

Summary

  • On November 1, 2024, Wyche T. Green, III, a director of Streamline Health Solutions, surrendered 383 shares of common stock at $2.3 to cover tax withholding obligations.
  • On April 1, 2025, Green surrendered 1,542 shares of common stock at $2.72 to cover tax withholding obligations.
  • Following these transactions, Green directly owns 87,613 shares and indirectly owns 69,845 shares through 121G, LLC.
  • The reported figures have been adjusted to reflect a 1-for-15 reverse stock split that occurred on October 4, 2024.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions for tax purposes, so the sentiment is neutral.

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 transactions have a minor impact on shareholders as they involve the surrender of shares for tax obligations, which is a normal part of equity compensation.

Key Dates

DateDescription
10/04/2024The Issuer effected a 1-for-15 reverse stock split of its common stock
11/01/2024Director surrendered shares to cover tax withholding obligations.
04/01/2025Director surrendered shares to cover tax withholding obligations.
04/18/2025Date of signature for the Form 4 filing.

Keywords

Streamline Health Solutions, Wyche T. Green III, Director, Form 4, Stock Transactions, Beneficial Ownership, Tax Withholding, Reverse Stock Split

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