Form 4: Vacasa Director Chris Terrill Reports Acquisition of Class A Common Stock
SEC Form 4
Director Chris Terrill acquired 1,824 shares of Vacasa, Inc. Class A Common Stock on January 5, 2024, as compensation for director services.
Summary
- Chris Terrill, a director of Vacasa, Inc., reported a transaction involving the company's Class A Common Stock.
- On January 5, 2024, Terrill acquired 1,824 shares of Class A Common Stock.
- The acquisition was a grant of fully-vested restricted stock units (RSUs) received in lieu of cash compensation for director services during the fourth quarter of 2023.
- The price per share was $0.
- Following the transaction, Terrill directly owns 14,980 shares of Vacasa, Inc.'s Class A Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to director compensation. The director taking stock in lieu of cash is a mildly positive signal.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the compensation structure for Vacasa's non-employee directors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 01/05/2024 | Date of transaction: Acquisition of Class A Common Stock. |
| 04/03/2024 | Date of report filing. |
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