Form 4: Veritex Holdings COO LaVonda Renfro Reports Stock Transactions
SEC Form 4 Filing
LaVonda Renfro, Chief Operating Officer of Veritex Holdings, reports the vesting and subsequent sale of restricted stock units on February 4, 2025.
Summary
- On February 4, 2025, LaVonda Renfro, the Chief Operating Officer of Veritex Holdings, engaged in transactions involving Veritex Holdings common stock.
- These transactions involved the vesting of restricted stock units (RSUs) and the subsequent sale of shares to cover tax obligations.
- Specifically, 992 RSUs vested, and the corresponding shares were sold at a price of $26.12, resulting in 424 shares being disposed of.
- Additionally, 1,179 and 1,644 RSUs vested, with 503 and 702 shares respectively being sold at $26.12 to cover taxes.
- Following these transactions, Renfro directly owns 44,561 shares of Veritex Holdings common stock and 3,288 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider trading activity, which is closely monitored by investors.
Key Dates
| Date | Description |
|---|---|
| 02/01/2023 | First vesting date for 992 restricted stock units |
| 02/01/2024 | Second vesting date for 992 restricted stock units and first vesting date for 1,179 restricted stock units |
| 02/04/2025 | Date of stock transactions: vesting of RSUs and sale of shares |
| 02/01/2025 | Third vesting date for 992 restricted stock units, second vesting date for 1,179 restricted stock units and first vesting date for 1,644 restricted stock units |
| 02/01/2026 | Third vesting date for 1,179 restricted stock units and second vesting date for 1,644 restricted stock units |
| 02/01/2027 | Third vesting date for 1,644 restricted stock units |
| 02/10/2025 | Date of signature on the Form 4 filing |
Keywords
Veritex Holdings, LaVonda Renfro, VBTX, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Officer Transactions
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