Form 4: TrueCar COO Jill Angel Disposes of Shares for Tax Obligations
Insider Transaction Report
TrueCar, Inc.'s Chief Operating Officer, Jill Angel, disposed of 3,290 shares of common stock to cover tax liabilities related to the vesting of restricted stock units.
Summary
- Jill Angel, Chief Operating Officer of TrueCar, Inc., reported a disposition of 3,290 shares of TrueCar Common Stock.
- The transaction occurred on July 15, 2025, and was executed at a price of $1.95 per share.
- The shares were withheld by the issuer to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units.
- Following this transaction, Jill Angel beneficially owns 363,180 shares of TrueCar Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding related to equity compensation vesting, which is a neutral event in terms of company performance or strategic direction.
Future Outlook
No forward-looking statements or guidance are provided.
Industry Context
This filing is a routine insider transaction report (Form 4) and does not provide broader industry context or trends. It reflects an individual executive's equity compensation management.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.
- Employees: No direct impact on general employees.
Key Dates
| Date | Description |
|---|---|
| 07/15/2025 | Date of transaction and signature date for the disposition of common stock to satisfy tax liability. |
Keywords
TrueCar, Jill Angel, SEC Form 4, Insider Transaction, Common Stock, Restricted Stock Units, Tax Withholding, Officer
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