Form 4: Xtant Medical CFO Neils Scott C Reports Stock Transaction
SEC Form 4 Filing
Chief Financial Officer of Xtant Medical Holdings, Inc., Neils Scott C, reports the withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On August 15, 2024, Neils Scott C, the Chief Financial Officer of Xtant Medical Holdings, Inc., had 34,132 common stock shares withheld by the issuer to cover tax obligations.
- This transaction occurred due to the vesting and settlement of restricted stock unit awards.
- Following the transaction, Neils Scott C directly owns 630,291 shares of common stock.
- This total includes 264,659 shares issuable upon vesting and settlement of restricted stock unit awards or deferred stock unit awards granted under the Xtant Medical Holdings, Inc. 2023 Equity Incentive Plan and 189,972 shares issuable upon vesting and settlement of restricted stock unit awards granted under the Xtant Medical Holdings, Inc. Amended and Restated 2018 Equity Incentive Plan, in each case conditioned upon the Reporting Person remaining an employee of Xtant through the respective vesting dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, not a sale on the open market.
- The transaction affects the CFO's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of the stock transaction (withholding of shares for tax obligations). |
| 08/19/2024 | Date of signature for the Form 4 filing. |
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