Form 4: Stronghold Digital Mining CFO Sells Shares to Cover Taxes
SEC Form 4 Filing
Matthew J. Smith, CFO of Stronghold Digital Mining, sold 162 shares of Class A common stock on August 5, 2024, to cover taxes related to vesting shares.
Summary
- Matthew J. Smith, the Chief Financial Officer of Stronghold Digital Mining, Inc. (SDIG), sold 162 shares of Class A common stock on August 5, 2024.
- The sale was executed at a price of $2.4701 per share.
- Following the transaction, Smith directly owns 168,768 shares of Stronghold Digital Mining's Class A common stock.
- The sale was made to cover taxes upon the vesting and release of shares awarded to the executive as part of his compensation.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction related to tax obligations and executive compensation.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover tax liabilities arising from vesting equity awards.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of the transaction: Matthew J. Smith sold shares of Class A common stock. |
| 08/06/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.