Form 4: T Stamp Inc. Executive Joshua Allen Reports Stock Transactions

Executive Vice President Joshua Allen of T Stamp Inc. reports the vesting and disposal of Class A Common Stock and Restricted Stock Units.

Summary

• On March 5, 2024, Joshua Allen, Executive Vice President of T Stamp Inc., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• Allen acquired 3,389 shares of Class A Common Stock upon the vesting of RSUs.
• 1,416 shares of common stock were withheld by the company to satisfy tax obligations related to the RSU vesting.
• Following these transactions, Allen directly owns 11,341 shares of Class A Common Stock.
• Allen also disposed of 4,805 Restricted Stock Units.
• Following these transactions, Allen directly owns 139,526 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders, like Joshua Allen, transact in their company's stock. It provides transparency to the market regarding the actions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The reporting requirements are governed by Section 16(a) of the Securities Exchange Act of 1934.
• Similar filings are made by executives at companies like Microsoft, Apple, and Google when they trade their company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

Keywords

Form 4, Insider Trading, Executive Compensation, Restricted Stock Units, Class A Common Stock, T Stamp Inc., IDAI, Joshua Allen