Form 4: Stronghold Digital Mining Executive Sells Shares to Cover Taxes
SEC Form 4 Filing
Richard J. Shaffer, Senior Vice President of Stronghold Digital Mining, sold 27 shares of Class A common stock at $5.16 per share on October 30, 2024, to cover taxes related to vesting shares.
Summary
- On October 30, 2024, Richard J. Shaffer, a Senior Vice President at Stronghold Digital Mining, sold 27 shares of Class A common stock.
- The sale was executed at a price of $5.16 per share.
- The purpose of the sale was to cover taxes associated with the vesting and release of shares awarded as part of his compensation.
- Following the transaction, Shaffer directly owns 23,916 shares.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes). It doesn't indicate any significant positive or negative sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when stock options or restricted stock units vest.
Stakeholder Impact
- The sale of a small number of shares by an executive is unlikely to have a significant impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/30/2024 | Date of the transaction: Richard J. Shaffer sold shares of Stronghold Digital Mining Class A common stock. |
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.