Form 4: Thryv Holdings Director Lauren Vaccarello Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Lauren Vaccarello, a director at Thryv Holdings, reported the acquisition and disposal of common shares and restricted stock units.

Summary

  • On June 13, 2024, Lauren Vaccarello, a director of Thryv Holdings, Inc., reported changes in beneficial ownership.
  • Vaccarello acquired 7,364 common shares and disposed of 18,335 common shares.
  • The acquisition of 7,364 shares was related to restricted stock units (RSUs) granted under the company's 2020 Incentive Award Plan.
  • These RSUs vest on the anniversary of the grant date, contingent upon continued service.
  • Each RSU will settle into one share of common stock three months after the reporting person separates from service.
  • The reporting person directly owns 18,335 common shares following the reported transactions.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The RSUs vest on the anniversary of the grant date, contingent upon continued service, and settle into common stock three months after separation from service.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the transactions of company executives and directors.

Stakeholder Impact

  • The transactions may provide insights to shareholders regarding the director's view on the company's stock.

Key Dates

DateDescription
06/13/2024Date of transaction involving common shares and restricted stock units.
06/17/2024Date of signature by attorney-in-fact.

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