4/A: T Stamp Inc Executive Joshua Allen Amends Filing to Correct RSU Transaction
SEC Form 4/A Amendment
Joshua Allen, Executive Vice President of T Stamp Inc, amends a previous SEC filing to correct the number of Restricted Stock Units (RSUs) disposed of on December 11, 2023, and clarifies their conversion into a cash payment.
Summary
- This is an amendment to a Form 4 filing by Joshua Allen, Executive Vice President of T Stamp Inc.
- The amendment corrects a scrivener's error in the original filing from December 13, 2023, regarding the number of Restricted Stock Units (RSUs) disposed of on December 11, 2023.
- The number of RSUs disposed of is corrected from 39,341 to 40,174.
- These RSUs were converted into the right to receive a cash amount of $94,811.81.
- The RSUs represent a contingent right to receive one share of Class A Common Stock upon vesting.
- The vesting date for the RSUs was initially set for January 2, 2024, with an expiration date of March 3, 2025.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The conversion of RSUs to cash is a neutral event.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It doesn't necessarily indicate a broader industry trend but reflects the company's internal compensation policies and executive transactions.
Stakeholder Impact
- The correction ensures accurate reporting of executive compensation, which is important for shareholder transparency.
Key Dates
| Date | Description |
|---|---|
| 01/25/2022 | Date of Limited Power of Attorney granted to Alexander Valdes. |
| 12/11/2023 | Date of the RSU transaction being amended. |
| 12/13/2023 | Date of the original Form 4 filing containing the error. |
| 01/02/2024 | Initial vesting date of the Restricted Stock Units. |
| 03/03/2025 | Initial expiration date of the Restricted Stock Units. |
| 05/01/2024 | Date of the amended filing. |
Keywords
Form 4, Amendment, Restricted Stock Units, RSU, Joshua Allen, T Stamp Inc, IDAI, SEC Filing, Executive Vice President, Beneficial Ownership
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