Form 4: WW International CFO Heather Stark Reports Stock Transactions
SEC Form 4
Heather Stark, CFO of WW International, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On May 15, 2024, Heather Stark, the CFO of WW International, acquired 22,474 shares of common stock through the vesting of restricted stock units and disposed of 22,474 restricted stock units.
- On May 16, 2024, she acquired 1,758 shares of common stock through the vesting of restricted stock units and disposed of 1,758 restricted stock units.
- Following these transactions, Stark directly owns 41,882 shares of common stock.
- She also holds 27,938 restricted stock units that will vest in three equal installments on May 15, 2025, May 15, 2026, and May 15, 2027.
- Additionally, she holds 44,948 restricted stock units expiring on May 15, 2026 and 1,759 restricted stock units expiring on May 16, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies to ensure transparency and compliance with SEC regulations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership of the CFO.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction involving 22,474 shares of common stock and restricted stock units. |
| 05/15/2024 | Grant date of 27,938 restricted stock units vesting in three equal installments. |
| 05/16/2024 | Date of transaction involving 1,758 shares of common stock and restricted stock units. |
| 05/15/2025 | First vesting date for one-third of the 27,938 restricted stock units. |
| 05/16/2025 | Expiration date for 1,759 restricted stock units. |
| 05/15/2026 | Second vesting date for one-third of the 27,938 restricted stock units and expiration date for 44,948 restricted stock units. |
| 05/15/2027 | Final vesting date for one-third of the 27,938 restricted stock units. |
| 05/17/2024 | Date of signature for the report. |
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