IDAI.NASDAQT Stamp INC

Form 4: T Stamp Inc. Executive Andrew Scott Francis Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Andrew Scott Francis, Chief Technology Officer of T Stamp Inc., reports the acquisition of shares through vested restricted stock units and the disposal of shares to cover tax obligations.

Summary

  • On March 7, 2025, Andrew Scott Francis, the Chief Technology Officer of T Stamp Inc., reported transactions involving Class A Common Stock.
  • He acquired 8,933 shares of Class A Common Stock upon the vesting of restricted stock units (RSUs) at a price of $0.
  • Simultaneously, he disposed of 1,339 shares to satisfy tax withholding requirements at a price of $2.26 per share.
  • Following these transactions, Francis directly owns 13,992 shares of Class A Common Stock.
  • He also holds 10,025 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine compensation practices.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for executives to receive stock-based compensation and to sell shares to cover tax liabilities.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
11/07/2024Date of Limited Power of Attorney
01/02/2025Date Restricted Stock Units Exercisable
03/03/2025Date Restricted Stock Units Expiration
03/07/2025Date of stock transactions (acquisition and disposal)
03/11/2025Date of signature

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