Form 4: T Stamp Inc Director William McClintock Reports Share Acquisition and Disposal
SEC Form 4 Filing
Director William McClintock reports acquisition of shares through restricted stock units and disposal of shares.
Summary
- William McClintock, a director of T Stamp Inc, filed a Form 4 detailing changes in beneficial ownership.
- On March 5, 2024, McClintock disposed of 9,252 shares of Class A Common Stock at a price of $0.
- McClintock acquired 771 Restricted Stock Units (RSUs) on January 31, 2024, February 29, 2024 and March 31, 2024, each representing a contingent right to receive one share of common stock upon vesting, with an exercise price of $0.
- These RSUs vest on January 2, 2025.
- Following these transactions, McClintock directly owns 22,968 shares of Class A Common Stock and holds 20,817 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.
Negatives
- William McClintock disposed of 9,252 shares of Class A Common Stock on March 5, 2024.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the director's transactions, providing transparency.
Key Dates
| Date | Description |
|---|---|
| 01/23/2022 | Date of Limited Power of Attorney |
| 01/31/2024 | Acquisition of 771 Restricted Stock Units |
| 02/29/2024 | Acquisition of 771 Restricted Stock Units |
| 03/05/2024 | Disposal of 9,252 shares of Class A Common Stock |
| 03/31/2024 | Acquisition of 771 Restricted Stock Units |
| 01/02/2025 | Vesting date for Restricted Stock Units |
| 04/29/2024 | Date of Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Director, T Stamp Inc, IDAI, Restricted Stock Units, RSU, Share Disposal, Share Acquisition, William McClintock
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