Form 4: Techpoint Inc. Executive Darron Ma Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Darron Ma, Chief Operating Officer of Techpoint, Inc., reported a transaction involving common stock on May 8, 2024, resulting in an adjusted beneficial ownership.
Summary
- On May 8, 2024, Darron Ma, the Chief Operating Officer of Techpoint, Inc., reported a transaction involving the disposition of 307 shares of common stock.
- The transaction was executed at a price of $8.13 per share.
- Following the transaction, Ma directly owns 37,477 shares of common stock, which includes 30,250 unvested restricted stock units.
- Ma also indirectly owns 78,692 Japanese Depositary Shares, each representing one share of common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of transaction involving common stock. |
| 05/10/2024 | Date of signature by Attorney-in-Fact. |
Keywords
beneficial ownership, Form 4, Techpoint Inc., Darron Ma, common stock, Japanese Depositary Shares, COO, securities
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