Heyburn William A. 4/A
Research Summary
AI-generated summary
Strata (SRTA) Co-CEO/CFO William Heyburn Withholds 31,671 Shares
What Happened
William A. Heyburn, Co-CEO, CFO and a director of Strata Critical Medical, had 31,671 shares of Class A common stock withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The shares were valued at $5.87 each, totaling $185,909. This transaction is a tax-withholding disposal (transaction code F), not an open-market sale.
Key Details
- Transaction date: June 8, 2026 (reported originally on Form 4 filed June 10, 2026; this is an amended Form 4 filed June 18, 2026).
- Price/value: 31,671 shares withheld at $5.87 per share, value $185,909.
- Transaction code: F (shares withheld for tax withholding on RSU vesting). The original Form 4 mistakenly used code S; this amendment corrects that to F.
- Shares owned after transaction: not disclosed in the amended filing.
- Timeliness: Original Form 4 filed June 10 (timely); this filing is an amendment to correct the transaction code.
Context
Shares withheld to cover taxes on vested RSUs are a routine administrative action and do not necessarily indicate insider sentiment about the stock. The amendment simply corrects the transaction code to reflect tax withholding rather than an open-market sale.