Form 4: T Stamp Inc. Executive Andrew Gowasack Reports Stock Transactions
SEC Form 4 Filing
Andrew Gowasack, President of T Stamp Inc., reports the vesting of restricted stock units and subsequent acquisition of Class A Common Stock.
Summary
- On March 7, 2025, Andrew Gowasack, President of T Stamp Inc. (IDAI), reported transactions involving the company's stock.
- Gowasack acquired 12,009 shares of Class A Common Stock upon the vesting of restricted stock units (RSUs).
- The RSUs vested on March 7, 2025, and were originally granted on January 2, 2025, expiring on March 3, 2025.
- Following the transaction, Gowasack directly owns 31,676 shares of Class A Common Stock.
- He also directly owns 13,478 derivative securities in the form of Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it increases the number of outstanding shares, but the effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of Limited Power of Attorney |
| 01/02/2025 | Original grant date of Restricted Stock Units (RSUs) |
| 03/03/2025 | Expiration date of Restricted Stock Units (RSUs) |
| 03/07/2025 | Date of transaction: vesting of RSUs and acquisition of Class A Common Stock |
| 03/11/2025 | Date of signature on the Form 4 filing |
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