Form 4: Yield10 Bioscience CEO Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Oliver P. Peoples, CEO of Yield10 Bioscience, reports changes in beneficial ownership of company stock due to tax withholding and 401(k) contributions.
Summary
- On August 15, 2024, Oliver P. Peoples, the President and CEO of Yield10 Bioscience, reported changes in his beneficial ownership of the company's stock.
- 1,463 shares were withheld to cover withholding taxes upon the partial vesting of Restricted Stock Units (RSUs) granted on February 15, 2024.
- Mr. Peoples also acquired 2,403 shares through the Yield10 Bioscience, Inc. 401(k) Plan as an issuer matching contribution.
- Following these transactions, Mr. Peoples directly owns 12,634 shares of common stock and indirectly owns 2,403 shares through his 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and benefits, with no indication of significant positive or negative developments.
Positives
- The acquisition of shares through the 401(k) plan indicates confidence in the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates standard transactions related to executive compensation and benefits.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | Date of RSU grant |
| 05/02/2024 | Reverse stock split (1:24) effected |
| 08/15/2024 | Date of transaction (tax withholding and 401(k) contribution) |
| 08/19/2024 | Date of Form 4 signature |
Keywords
Yield10 Bioscience, Oliver P. Peoples, beneficial ownership, Form 4, stock, RSUs, 401(k)
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