Form 4: WM Technology General Counsel Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Brian Camire, General Counsel of WM Technology, sold 70,851 shares of Class A Common Stock on June 7, 2024, to cover tax withholding obligations.
Summary
- On June 7, 2024, Brian Camire, the General Counsel of WM Technology, sold 70,851 shares of Class A Common Stock.
- The sale was executed to cover applicable tax withholding obligations related to the vesting of restricted stock units and performance-based restricted stock units, as well as brokerage commission fees.
- The shares were sold at a weighted-average price of $0.9795, with individual sales prices ranging from $0.9901 to $0.9759.
- Following the transaction, Camire directly owns 696,718 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations.
Industry Context
This is a routine transaction for covering tax obligations upon vesting of stock options/units. It is common for executives to sell shares to cover these obligations.
Stakeholder Impact
- The sale could have a minor negative impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small volume.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of the transaction: Brian Camire sold shares of Class A Common Stock. |
| 06/11/2024 | Date of signature by Ron A. Metzger, Attorney-in-Fact. |
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