Form 4: T Stamp Inc Director William McClintock Acquires Shares Through RSU Vesting
SEC Form 4 Filing
Director William McClintock acquired shares of T Stamp Inc through the vesting of restricted stock units on May 16, 2024.
Summary
- On May 16, 2024, William McClintock, a director of T Stamp Inc, acquired shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
- A total of 17,731 shares were acquired through the vesting of RSUs.
- The price per share for the acquisition was $0.
- Following these transactions, McClintock directly owns 41,472 shares of Class A Common Stock and 3,084 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard Form 4 filing indicating the vesting of restricted stock units, which is a common part of executive compensation. It doesn't inherently suggest positive or negative implications for the company's performance.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 01/23/2022 | Date of Limited Power of Attorney |
| 01/02/2022 | Date exercisable for some Restricted Stock Units |
| 01/02/2023 | Date exercisable for some Restricted Stock Units |
| 05/16/2024 | Date of transaction (RSU vesting) |
| 05/20/2024 | Date of signature |
Keywords
Form 4, Beneficial Ownership, Director, William McClintock, T Stamp Inc, IDAI, Restricted Stock Units, RSU, Class A Common Stock, Vesting
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