Form 4: Pineapple Energy Inc. Corporate Controller Reports Tax Withholding Transaction
SEC Form 4 Filing
Kristin Hlavka, Corporate Controller of Pineapple Energy Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 15, 2024, Kristin Hlavka, Corporate Controller of Pineapple Energy Inc., had 7,906 shares of common stock withheld by the company to cover tax obligations.
- The withholding occurred at a price of $0.09 per share.
- Following the transaction, Hlavka directly owns 93,928 shares of common stock and indirectly owns 2,380.435 shares through an ESOP.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction (tax withholding) and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to vested equity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations on vested equity.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: shares withheld for tax obligations. |
| 05/17/2024 | Date of signature on the report. |
Keywords
Form 4, Pineapple Energy Inc., PEGY, Kristin Hlavka, Corporate Controller, Tax Withholding, Restricted Stock Units, Beneficial Ownership, ESOP
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