Form 4: Thryv Holdings CEO Joe Walsh Reports Stock Transaction
SEC Form 4 Filing
Joe Walsh, Chairman and CEO of Thryv Holdings, reports the disposal of 596 common shares to cover tax obligations related to vesting restricted stock units.
Summary
- On July 5, 2024, Joe Walsh, the Chairman and CEO of Thryv Holdings, Inc., disposed of 596 common shares.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $17.05 per share.
- Following the transaction, Walsh directly owns 499,724 common shares and indirectly owns 1,625,206 common shares through a trust.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant impact on the company's outlook.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It's common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/05/2024 | Date of the stock transaction (disposal of shares). |
| 07/09/2024 | Date of signature for the Form 4 filing. |
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