Form 4: TELA Bio Executive Gregory A. Firestone Reports Stock Transaction
SEC Form 4 Filing
Gregory A. Firestone, Chief Business Officer of TELA Bio, Inc., reports disposition of shares to cover tax obligations.
Summary
- On March 31, 2024, Gregory A. Firestone, Chief Business Officer of TELA Bio, Inc., had 119 shares of common stock disposed of to cover withholding taxes.
- The transaction was executed at a price of $5.67 per share.
- Following the transaction, Firestone beneficially owns 50,627 shares of TELA Bio, Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of stock transaction (disposal of shares). |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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