IDAI.NASDAQT Stamp INC

Form 4: T Stamp Inc Director Acquires Restricted Stock Units

Sentiment:

SEC Form 4 Filing


William McClintock, a director of T Stamp Inc, acquired 771 Restricted Stock Units (RSUs) on June 30, 2024, each representing a contingent right to receive one share of Class A Common Stock upon vesting.

Summary

  • On June 30, 2024, William McClintock, a director of T Stamp Inc, acquired 771 Restricted Stock Units (RSUs).
  • Each RSU represents a contingent right to receive one share of Class A Common Stock upon vesting.
  • The RSUs were acquired at a price of $0.
  • Following the transaction, McClintock directly owns 4,626 derivative securities.
  • The RSUs vest on January 2, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock-based compensation.

Positives

  • The acquisition of RSUs by a director signals confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The acquisition of RSUs by a director could have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
01/23/2022Date of Limited Power of Attorney
06/30/2024Date of transaction: Acquisition of Restricted Stock Units
01/02/2025Vesting date of Restricted Stock Units
07/01/2024Date of signature

Keywords

Restricted Stock Units, Director, Form 4, Beneficial Ownership, T Stamp Inc, IDAI, Securities

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