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 43 shares of Class A common stock at $3.1234 per share on May 1, 2024, to cover taxes related to vesting shares.
Summary
- On May 1, 2024, Richard J. Shaffer, a Senior Vice President at Stronghold Digital Mining, sold 43 shares of Class A common stock.
- The sale was executed at a price of $3.1234 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 27,125 shares.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes). It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of the transaction: Richard J. Shaffer sold shares of Class A common stock. |
| 05/02/2024 | Date of signature on the SEC Form 4 filing. |
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