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 June 30, 2024, Veritone CEO Ryan Steelberg had 4,997 shares of common stock withheld for payment of taxes upon the vesting of restricted stock units.
- The price per share for the transaction was $2.26.
- Following the transaction, Steelberg directly owns 741,864 shares of Veritone common stock.
- Steelberg 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 stock transactions related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is a routine part of corporate governance and transparency, providing insight into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations on vested stock.
Key Dates
| Date | Description |
|---|---|
| April 6, 2012 | Date of The RSS Living Trust |
| June 30, 2024 | Date of the reported transaction |
| July 02, 2024 | Date of signature for the Form 4 filing |
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