Form 4: T Stamp Inc Director Acquires Restricted Stock Units
SEC Form 4 Filing
William McClintock, a director of T Stamp Inc, acquired 771 restricted stock units on September 30, 2024, according to a Form 4 filing.
Summary
- A Form 4 filing reveals that William McClintock, a director of T Stamp Inc, acquired 771 Restricted Stock Units (RSUs) on September 30, 2024.
- Each RSU represents a contingent right to receive one share of Class A Common Stock upon vesting.
- Following the transaction, McClintock directly owns 6,939 shares of Class A Common Stock.
- The RSUs were acquired at a price of $0.
- The RSUs vest on January 2, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The acquisition of RSUs by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 01/23/2022 | Date of Limited Power of Attorney |
| 09/30/2024 | Date of transaction: acquisition of 771 Restricted Stock Units |
| 01/02/2025 | Vesting date of the Restricted Stock Units |
| 10/01/2024 | Date of signature for the Form 4 filing |
Keywords
Form 4, Insider Trading, Restricted Stock Units, Director, T Stamp Inc, IDAI, McClintock, Beneficial Ownership
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