Form 4: Pineapple Energy CEO Kyle Udseth Reports Stock Transaction
SEC Form 4 Filing
CEO Kyle Udseth reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On May 15, 2024, Kyle Udseth, CEO of Pineapple Energy Inc., disposed of 10,768 shares of common stock to cover tax withholding obligations.
- The shares were disposed of at a price of $0.09 per share.
- Following the transaction, Udseth directly owns 388,532 shares of Pineapple Energy Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard transaction for tax purposes.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction |
| 05/17/2024 | Date of signature by Attorney-in-Fact |
Keywords
Form 4, Pineapple Energy Inc., PEGY, Kyle Udseth, CEO, Stock Transaction, Beneficial Ownership, Tax Withholding
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