Form 4: Techpoint Inc. Executive Darron Ma Reports Stock Transaction
SEC Form 4 Filing
Darron Ma, Chief Operating Officer of Techpoint, Inc., reports the disposition of 307 shares of common stock to cover tax obligations.
Summary
- On August 9, 2024, Darron Ma, the Chief Operating Officer of Techpoint, Inc., disposed of 307 shares of common stock.
- The transaction was executed at a price of $8.61 per share.
- Following the transaction, Ma directly owns 37,170 shares of common stock, which includes 29,500 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 standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a transaction by the COO of Techpoint, Inc.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it involves a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of stock transaction (disposal of shares) |
| 08/12/2024 | Date of signature on the Form 4 filing |
Keywords
Form 4, Techpoint, Inc., Darron Ma, stock transaction, beneficial ownership, COO, Japanese Depositary Shares
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