Form 4: TransMedics Group CFO Stephen Gordon Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Stephen Gordon, CFO of TransMedics Group, sold 1,903 shares of common stock on March 8, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 8, 2024, Stephen Gordon, the Chief Financial Officer of TransMedics Group, Inc. (TMDX), sold 1,903 shares of common stock.
- The sale was executed at a price of $87.63 per share.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- Following the transaction, Gordon directly owns 23,299 shares of TransMedics Group, Inc.
Sentiment
Score: 6
Explanation: The document describes a routine transaction (sale of shares to cover taxes). It's neutral in sentiment as it doesn't indicate any positive or negative outlook for the company.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and are generally not indicative of the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of the stock sale transaction. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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