4/A: Vacasa Director Amends Filing to Clarify Beneficial Ownership of Shares
SEC Form 4 Amendment
A Vacasa director, Luis Steven Sosa, amended a previous filing to clarify that shares acquired were held for the benefit of Davidson Kempner Hawthorne Partners LLC and to correct a typographical error.
Summary
- Luis Steven Sosa, a director at Vacasa, Inc., filed an amendment to a previous Form 4.
- The amendment clarifies that 62,028 shares of Class A Common Stock acquired on August 7, 2024, at a price of $5.16 per share, are held for the benefit of Davidson Kempner Hawthorne Partners LLC.
- Sosa disclaims any personal ownership interest in these shares and has agreed to transfer them to Hawthorne upon vesting.
- The amendment also corrects a typographical error in the original filing.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not contain any information that would significantly impact sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice in publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders in the US.
- The amendment to clarify the beneficial ownership is not unusual and is often done to ensure compliance with SEC regulations.
- Similar filings are made by directors and officers of other publicly traded companies such as Airbnb and Expedia.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership of shares by a company director.
Key Dates
| Date | Description |
|---|---|
| 08/07/2024 | Date of the transaction where 62,028 shares of Class A Common Stock were acquired. |
| 08/09/2024 | Date of the original filing that was amended. |
| 01/10/2025 | Date of signature on the amended filing. |
Keywords
Vacasa, Beneficial Ownership, Form 4, Amendment, Director, Shares, Davidson Kempner Hawthorne Partners LLC, VCSA
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