Form 4: Tiptree Inc. CFO Scott T. McKinney Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Chief Financial Officer of Tiptree Inc., Scott T. McKinney, reports acquisition and disposal of common stock related to the vesting of restricted stock units.
Summary
- Scott T. McKinney, the CFO of Tiptree Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock on February 26, 2025.
- On February 24, 2025, McKinney acquired 15,736 shares of common stock through the vesting of restricted stock units (RSUs) granted on February 17, 2022.
- Simultaneously, McKinney disposed of 7,950 shares to cover withholding tax liabilities at a price of $19.9 per share.
- Following these transactions, McKinney directly owns 89,972 shares of common stock and indirectly owns 168 shares through a 401K.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.
Stakeholder Impact
- The transactions may provide stakeholders with insights into management's holdings and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 02/17/2022 | Date of grant for the restricted stock units (RSUs). |
| 02/24/2025 | Date of the transaction involving the acquisition and disposal of common stock due to RSU vesting. |
| 02/26/2025 | Date the Form 4 was filed. |
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