MDRX.OTC.PinkVeradigm INC

Form 4: Veradigm Inc. Executive Chairman Greg Garrison Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Greg Garrison, Executive Chairman of Veradigm Inc., reports the acquisition and disposal of common stock related to the vesting of restricted stock units on May 31, 2024.

Summary

  • On May 31, 2024, Greg Garrison, the Executive Chairman of Veradigm Inc., acquired 21,053 shares of common stock as part of a restricted stock unit award.
  • These restricted stock units were granted under the Veradigm, Inc. 2019 Stock Incentive Plan and vested 100% on the grant date.
  • On the same day, Mr. Garrison disposed of 6,179 shares of common stock at a price of $9.5 to cover withholding tax liabilities associated with the vesting of the restricted stock units.
  • Following these transactions, Mr. Garrison directly owns 75,443 shares of Veradigm Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects routine stock transactions related to executive compensation. There is no indication of positive or negative implications for the company's performance.

Positives

  • The vesting of restricted stock units indicates a form of compensation and alignment of the executive chairman's interests with the company's performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • Shareholders are informed about the stock transactions of a key executive, providing transparency into insider activity.

Key Dates

DateDescription
05/31/2024Date of transaction: Acquisition of restricted stock units and disposal of shares for tax liabilities.
06/20/2024Date of signature on the Form 4 filing.

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