Form 4: Veritone CEO Ryan Steelberg Reports Stock Transactions

Ryan Steelberg, CEO of Veritone, Inc., reports the disposition of 5,040 shares of common stock for tax obligations and discloses beneficial ownership of shares held directly and indirectly through trusts and LLCs.

Summary

• On September 30, 2024, Ryan Steelberg, the President and CEO of Veritone, Inc., disposed of 5,040 shares of common stock to cover tax obligations at a price of $3.59 per share.
• Following this transaction, Steelberg directly owns 726,744 shares of Veritone's common stock.
• Steelberg also indirectly owns 215,174 shares through The RSS Living Trust, dated April 6, 2012, and 2,003,349 shares through RVH, LLC.
• The report indicates that Steelberg is the trustee of The RSS Living Trust and the sole manager and member of RVH, LLC.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an insider, neither particularly positive nor negative.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It provides transparency to the market regarding insider transactions.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the CEO's stock transactions.

Key Dates