Form 4: WM Technology General Counsel Sells Shares to Cover Tax Obligations

Brian Camire, General Counsel of WM Technology, sold shares of Class A common stock on August 16, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On August 16, 2024, Brian Camire, the General Counsel of WM Technology, sold 39,712 shares of Class A common stock.
• The sale was executed to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as related brokerage commission fees.
• The shares were sold at prices ranging from $1.00 to $1.015, with a weighted-average sales price of $1.0048.
• Following the transaction, Camire still beneficially owns 657,006 shares of Class A common stock.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction (sale of shares to cover taxes) and doesn't inherently indicate positive or negative sentiment. It's a neutral event.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives and do not necessarily indicate a negative outlook on the company's future.

Stakeholder Impact

• The sale of shares by a company executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact due to the nature of the transaction.

Key Dates