Form 4: T Stamp Inc Executive Joshua Allen Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Joshua Allen of T Stamp Inc. reports the vesting of stock grants and shares withheld for tax obligations.
Summary
- On May 16, 2024, Joshua Allen, Executive Vice President of T Stamp Inc., reported transactions involving Class A Common Stock.
- 9,648 shares were acquired upon the vesting of grants.
- 2,861 shares were withheld by the company to satisfy tax obligations related to the grant vesting at a price of $0.68.
- Following these transactions, Allen directly owns 18,128 shares of Class A Common Stock.
- Allen also owns 129,878 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is crucial for maintaining market confidence and regulatory compliance.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/25/2022 | Date of Limited Power of Attorney |
| 03/31/2022 | Date of Grants |
| 05/16/2024 | Date of stock transactions (vesting and tax withholding) |
| 05/20/2024 | Date of signature on the Form 4 |
Keywords
Form 4, Insider Trading, Stock Vesting, Tax Withholding, Class A Common Stock, T Stamp Inc, IDAI, Joshua Allen, Executive Vice President
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