Form 4: Vimeo CFO Gillian Munson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Gillian Munson, CFO of Vimeo, reports the withholding of shares to cover income tax obligations related to the settlement of restricted stock units.
Summary
- Gillian Munson, the Chief Financial Officer of Vimeo, Inc., filed a Form 4 with the SEC on April 8, 2024.
- The filing reports changes in her beneficial ownership of Vimeo's common stock.
- On April 4, 2024, 139,209 shares were withheld by Vimeo to satisfy income tax obligations related to the net settlement of restricted stock units (RSUs) at a price of $3.8.
- Following the transaction, Munson beneficially owns 1,036,328 shares of Vimeo's common stock, which includes 477,688 RSUs and 391,973 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations on vested equity. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard practice of withholding shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/04/2024 | Date of transaction: Shares withheld for tax obligations related to RSU settlement. |
| 04/08/2024 | Date of SEC filing (Form 4). |
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