Form 4: Veritone CEO Ryan Steelberg Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Ryan Steelberg, CEO of Veritone, Inc., reports a transaction involving common stock due to tax withholding upon vesting of restricted stock units.
Summary
- On August 31, 2024, Ryan Steelberg, the President and CEO of Veritone, Inc., reported a change in beneficial ownership of the company's common stock.
- 5,040 shares were disposed of to cover tax obligations related to the vesting of restricted stock units at a price of $3.1 per share.
- Following the transaction, Steelberg directly owns 731,784 shares of common stock.
- He also indirectly owns 215,174 shares through The RSS Living Trust and 2,003,349 shares through RVH, LLC.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and does not necessarily indicate a change in the company's outlook or performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations from vesting restricted stock units.
Key Dates
| Date | Description |
|---|---|
| April 6, 2012 | Date of The RSS Living Trust |
| August 31, 2024 | Date of stock transaction |
| September 03, 2024 | Date of signature on the report |
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