Form 4: Stronghold Digital Mining Executive Ryan M. Weber Sells Shares to Cover Taxes
SEC Form 4 Filing
Ryan M. Weber, Principal Accounting Officer of Stronghold Digital Mining, sold 231 shares of Class A common stock on October 8, 2024, to cover taxes related to vested shares.
Summary
- On October 8, 2024, Ryan M. Weber, the Principal Accounting Officer of Stronghold Digital Mining, Inc. (SDIG), sold 231 shares of Class A common stock.
- The sale was executed at a price of $4.2617 per share.
- The transaction was made to cover taxes upon the vesting and release of shares awarded to Weber as part of his compensation.
- Following the transaction, Weber directly owns 34,678 shares of Stronghold Digital Mining's Class A common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) by a company executive. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting are a common practice among corporate executives. This transaction is a routine part of executive compensation and does not necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 10/08/2024 | Date of the transaction: Ryan M. Weber sold 231 shares of Class A common stock. |
| 10/10/2024 | Date of signature on the SEC Form 4 filing. |
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