Form 4: T Stamp Inc. CFO Alexander Valdes Reports Stock Transactions
SEC Form 4 Filing
Chief Financial Officer Alexander Valdes of T Stamp Inc. reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On May 16, 2024, Alexander Valdes, the CFO of T Stamp Inc., reported transactions involving Class A Common Stock.
- 41,444 shares were acquired upon the vesting of restricted stock units (RSUs).
- 12,288 shares were withheld by the company to satisfy tax obligations related to the RSU vesting at a price of $0.68.
- Following these transactions, Valdes directly owns 107,787 shares of Class A Common Stock.
- Valdes also directly owns 133,983 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor dilutive effect on existing shareholders due to the issuance of new shares upon RSU vesting.
Key Dates
| Date | Description |
|---|---|
| 01/02/2024 | Date exercisable for Restricted Stock Units |
| 05/10/2025 | Expiration date for Restricted Stock Units |
| 05/16/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 05/20/2024 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Alexander Valdes, T Stamp Inc, IDAI, CFO, Restricted Stock Units, RSU, Class A Common Stock, Tax Withholding
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