Form 4: Stronghold Digital Mining Executive Ryan Weber Sells Shares to Cover Taxes
SEC Form 4 Filing
Ryan Weber, Principal Accounting Officer of Stronghold Digital Mining, sold 233 shares of Class A common stock on June 17, 2024, to cover taxes related to vesting shares.
Summary
- Ryan Weber, the Principal Accounting Officer of Stronghold Digital Mining, Inc. (SDIG), sold 233 shares of Class A common stock on June 17, 2024.
- The sale was executed at a price of $3.8361 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 38,539 shares of Stronghold Digital Mining, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes), so the sentiment is neutral.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The sale of shares by an executive can have a minor impact on shareholders, but this transaction is small and related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of the transaction: Ryan Weber sold 233 shares of Class A common stock. |
| 06/20/2024 | Date of signature on the Form 4 filing. |
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