Form 4: WW International Executive Nicole Haag Reports Stock Transactions
SEC Form 4
Nicole Haag, Corporate Controller and Principal Accounting Officer of WW International, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On May 15 and 16, 2024, Nicole Haag, Corporate Controller and Principal Accounting Officer of WW International, engaged in transactions involving common stock and restricted stock units.
- On May 15, 2024, 3,286 restricted stock units were vested and converted to common stock, and 5,204 shares were disposed of.
- Also on May 15, 2024, 1,185 shares were disposed of at a price of $1.91.
- On May 16, 2024, 1,048 restricted stock units were vested and converted to common stock, and 378 shares were disposed of at a price of $1.88.
- Following these transactions, Haag directly owns 4,689 shares of common stock and various restricted stock units vesting between 2025 and 2027.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company insider. The sentiment is neutral as it simply reflects the buying and selling activity without indicating a strong positive or negative outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with access to privileged information.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key company officer.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of earliest transaction; grant date of restricted stock units vesting in thirds on May 15 of 2025, 2026, and 2027; vesting date of 3,286 restricted stock units; disposal of 5,204 shares; disposal of 1,185 shares at $1.91. |
| 05/16/2024 | Vesting date of 1,048 restricted stock units; disposal of 378 shares at $1.88. |
| 05/15/2025 | First vesting date for 1/3 of the 15,794 restricted stock units granted on May 15, 2024. |
| 05/16/2025 | Vesting date for 1,049 restricted stock units. |
| 05/15/2026 | Second vesting date for 1/3 of the 15,794 restricted stock units granted on May 15, 2024; vesting date for 6,571 restricted stock units. |
| 05/15/2027 | Final vesting date for 1/3 of the 15,794 restricted stock units granted on May 15, 2024. |
| 05/17/2024 | Date of Form 4 filing. |
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