Form 4: TTEC Holdings Director Steven Anenen Reports Stock Transactions
SEC Form 4
Director Steven Anenen reports acquisition and disposal of TTEC Holdings stock and restricted stock units.
Summary
- On May 22, 2024, Steven Anenen, a director of TTEC Holdings, Inc., reported transactions involving the company's stock.
- Anenen disposed of 5,982 shares of common stock.
- These shares were related to the vesting of Restricted Stock Units (RSUs) granted on May 25, 2023.
- On May 23, 2024, Anenen received 29,503 time-based RSUs, which will vest on the earlier of the first anniversary of the grant date, the date of the next annual meeting, or a change-in-control event.
- Following these transactions, Anenen directly owns 27,811 shares of TTEC Holdings.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The vesting schedule of the newly granted RSUs depends on future events such as the anniversary of the grant date, the next annual meeting, or a change-in-control event.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares held by a director.
- The vesting of RSUs is part of the compensation package for the director.
Key Dates
| Date | Description |
|---|---|
| 05/25/2023 | Date of original grant of 5,982 Restricted Stock Units (RSUs) that vested. |
| 05/22/2024 | Date of transaction where 5,982 shares were disposed of due to RSU vesting. |
| 05/23/2024 | Date of grant of 29,503 time-based Restricted Stock Units (RSUs). |
| 05/24/2024 | Date of signature on the Form 4 filing. |
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