Tim Hwang - 01 Jul 2025 Form 4 Insider Report for FiscalNote Holdings, Inc. (NOTE)

Role
Director, 10%+ Owner
Signature
/s/ Todd Aman, Attorney-in-Fact
Issuer symbol
NOTE
Transactions as of
01 Jul 2025
Transactions value $
-$24,274
Form type
4
Filing time
03 Jul 2025, 16:59:23 UTC
Previous filing
04 Jun 2025
Next filing
05 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hwang Tim Director, 10%+ Owner C/O FISCALNOTE HOLDINGS, INC., 1201 PENNSYLVANIA AVE NW, 6TH FL, WASHINGTON /s/ Todd Aman, Attorney-in-Fact 03 Jul 2025 0001937743

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOTE Class A Common Stock Sale -$18.2K -28K -1% $0.65 2.77M 01 Jul 2025 See Footnote F1, F2
transaction NOTE Class A Common Stock Sale -$6.03K -9.25K -0.33% $0.65 2.76M 01 Jul 2025 See Footnote F2, F3
holding NOTE Class A Common Stock 49.3K 01 Jul 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's Class A Common Stock sold to satisfy the reporting person's tax obligation upon the vesting of 89,832 restricted stock units in a sell-to-cover transaction pursuant to a Rule 10b5-1 trading plan adopted on August 11, 2023.
F2 These securities are beneficially owned by Timothy T. Hwang, as Trustee of the Timothy T. Hwang Revocable Trust, originally dated January 10, 2019. The Reporting Person is trustee of this trust.
F3 Represents shares of the Issuer's Class A Common Stock sold to satisfy the reporting person's tax obligation upon the vesting of 29,375 restricted stock units in a sell-to-cover transaction pursuant to a Rule 10b5-1 trading plan adopted on August 11, 2023.