Form 4: TrueCar CFO Oliver Foley Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Oliver Foley, CFO of TrueCar, Inc., reports acquiring 117,894 shares of common stock and disposing of 367,251 shares on February 13, 2025.
Summary
- On February 13, 2025, Oliver Foley, the Chief Financial Officer of TrueCar, Inc., reported a transaction involving the company's common stock.
- Foley acquired 117,894 shares of common stock at $0.
- Foley disposed of 367,251 shares of common stock.
- Following these transactions, Foley beneficially owns 367,251 shares of TrueCar common stock.
- The acquired securities are represented by restricted stock units which vest in 16 equal quarterly installments beginning on June 15, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company insider, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of transaction involving acquisition and disposal of TrueCar common stock. |
| 06/15/2025 | Vesting start date for restricted stock units in 16 equal quarterly installments. |
| 02/18/2025 | Date of signature by Power of Attorney. |
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