Form 4: TrueCar COO Jill Angel Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jill Angel, Chief Operating Officer of TrueCar, Inc., disposed of 3,290 shares of common stock on April 15, 2025, to cover tax liabilities related to vesting restricted stock units.
Summary
- On April 15, 2025, Jill Angel, the Chief Operating Officer of TrueCar, Inc., disposed of 3,290 shares of common stock.
- The transaction was executed to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units.
- The shares were sold at a price of $1.35 per share.
- Following the transaction, Jill Angel directly owns 377,028 shares of TrueCar common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vesting restricted stock units, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: Jill Angel disposed of 3,290 shares of TrueCar common stock. |
Keywords
Form 4, TrueCar, Jill Angel, stock sale, tax liability, restricted stock units, COO
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