Form 4: WW International Director Tara Comonte Acquires Deferred Stock Units
SEC Form 4 Filing
Director Tara Comonte acquired 3,696 deferred stock units of WW International, Inc. on April 1, 2024, convertible to common stock.
Summary
- On April 1, 2024, Tara Comonte, a director of WW International, Inc., acquired 3,696 deferred stock units.
- These units are convertible into shares of common stock.
- Comonte now beneficially owns 11,787 deferred stock units.
- The deferred stock units will be settled into shares of common stock on the earlier of August 15, 2029 (for 3,696 shares) and August 15, 2028 (for 8,091 shares), or the date of Comonte's separation from service from the Issuer's Board of Directors.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The acquisition of deferred stock units by a director aligns the director's interests with those of the shareholders.
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Tara Comonte acquired 3,696 deferred stock units. |
| 04/03/2024 | Date of signature: Form 4 signed by Roxanne Tingir, as Attorney-in-Fact for Tara Comonte. |
| August 15, 2028 | Date of settlement: 8,091 shares of Common Stock will be settled on this date. |
| August 15, 2029 | Date of settlement: 3,696 shares of Common Stock will be settled on this date. |
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