Form 4: T Stamp Inc Director Charles Edward Potts Reports Stock Transactions
SEC Form 4
Director Charles Edward Potts reports the acquisition of Class A Common Stock through the vesting of grants.
Summary
- Charles Edward Potts, a director of T Stamp Inc, filed a Form 4 detailing changes in beneficial ownership.
- On May 16, 2024, Potts acquired Class A Common Stock through the vesting of grants.
- The transactions involved multiple grants vesting, resulting in the acquisition of 2,040, 2,175, 2,072, 2,183, and 2,953 shares of Class A Common Stock, respectively.
- The price per share for these acquisitions was $0.
- Following these transactions, Potts directly owns 11,423 shares of Class A Common Stock.
- Potts also holds derivative securities in the form of grants, with varying expiration dates and underlying Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by a company director.
Positives
- The director's acquisition of shares through vesting may indicate confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 11/01/2023 | Date of Limited Power of Attorney |
| 11/30/2023 | Expiration date of a grant related to Class A Common Stock |
| 12/31/2023 | Expiration date of a grant related to Class A Common Stock |
| 01/31/2024 | Expiration date of a grant related to Class A Common Stock |
| 02/29/2024 | Expiration date of a grant related to Class A Common Stock |
| 03/31/2024 | Expiration date of a grant related to Class A Common Stock |
| 05/16/2024 | Date of transaction: Acquisition of Class A Common Stock through vesting of grants |
| 05/20/2024 | Date of Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Class A Common Stock, T Stamp Inc, IDAI, Director, Charles Edward Potts, Vesting, Grants
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