Form 4: T Stamp Inc Director William McClintock Acquires Restricted Stock Units
SEC Form 4 Filing
Director William McClintock reports acquisition of restricted stock units in T Stamp Inc.
Summary
- On August 31, 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.
- Following the transaction, McClintock directly owns 6,168 derivative securities.
- The RSUs were acquired at a price of $0.
- The RSUs vest on January 2, 2025.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports a transaction.
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 could be perceived positively by stakeholders as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/23/2022 | Date of Limited Power of Attorney |
| 08/31/2024 | Date of transaction: acquisition of Restricted Stock Units |
| 01/02/2025 | Vesting date of Restricted Stock Units |
| 09/03/2024 | Date of Form 4 filing |
Keywords
Form 4, insider trading, restricted stock units, IDAI, T Stamp Inc, McClintock, director
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