Form 4: Synchronoss Technologies EVP Christina Gabrys Reports Stock Transactions
SEC Form 4 Filing
Christina Gabrys, EVP and Chief Legal Officer of Synchronoss Technologies, reports the acquisition and disposal of common stock and stock options on September 5, 2024.
Summary
- On September 5, 2024, Christina Gabrys, EVP and Chief Legal Officer of Synchronoss Technologies, engaged in transactions involving the company's stock.
- Gabrys exercised stock options to acquire 4,842 shares of common stock at a price of $10.71 per share.
- Simultaneously, Gabrys disposed of 4,842 shares of common stock at a price of $14.27 per share.
- Following these transactions, Gabrys directly owns 41,517 shares of Synchronoss Technologies common stock and 2,421 stock options.
- The transactions were conducted for tax planning purposes, given significant stock awards year to date.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't convey any explicit positive or negative sentiment about the company's performance or future prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the individual executive's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 07/08/2023 | 2,421 stock options became exercisable |
| 04/26/2024 | 2,421 stock options became exercisable |
| 09/05/2024 | Date of stock option exercise and stock sale |
| 09/06/2024 | Date of signature |
| 07/08/2029 | Expiration date of stock options |
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