Form 4: Wag! Group Co. VP of Legal, Nicholas Yu, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Nicholas Yu, VP of Legal at Wag! Group Co., reports the withholding of 24,322 common stock shares by the issuer to cover income tax obligations related to RSU settlement on May 19, 2025, resulting in a beneficial ownership of 407,432 shares.
Summary
- On May 19, 2025, Nicholas Yu, the VP of Legal at Wag! Group Co., reported a transaction involving the company's common stock.
- The transaction involved the withholding of 24,322 shares by Wag! Group Co. to satisfy income tax obligations related to the net settlement of Restricted Stock Units (RSUs).
- The price per share for the transaction is reported as $0.14.
- Following the transaction, Yu's beneficial ownership of Wag! Group Co. common stock is 407,432 shares.
- The report indicates that the withholding of shares does not represent a sale by Yu.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for publicly traded companies and their executives.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of the transaction involving the withholding of shares. |
| 05/20/2025 | Date of signature for the report. |
Keywords
Beneficial Ownership, Form 4, Wag! Group Co., Nicholas Yu, RSU Settlement, Common Stock, Tax Withholding
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