Key facts
- This page summarizes Robert N. Cavanaugh's Form 4 filing for Accolade, Inc..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Jul 2024, 09:34.
Robert N. Cavanaugh - 02 Jul 2024 Form 4 Insider Report for Accolade, Inc.
- Reporting relationship
- President
- Issuer ticker
- N/A
- Reported as of
- 02 Jul 2024
- Net transaction value
- -$1,618
- SEC form
- 4
- Accepted by SEC
- 03 Jul 2024, 09:34:23 UTC
- Prior SEC filing
- 20 Jun 2024
- Next SEC filing
- 12 Jul 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Richard Eskew, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Robert N. Cavanaugh filed Form 4 for Accolade, Inc. on 03 Jul 2024.
Change
- Previous filing in this sequence was filed on 20 Jun 2024.
- Current net transaction value: -$1,618.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ACCD
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +1,568
- Change %
- +0.83%
- Price
- Shares after
- 191,331
- Date
- 02 Jul 2024
- Ownership
- Direct
- Footnotes
- F1
ACCD
transaction
Common Stock
Sale
- Transaction value
- $1,618
- Shares
- -457
- Change %
- -0.24%
- Price
- $3.54*
- Shares after
- 190,874
- Date
- 02 Jul 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ACCD
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -1,568
- Change %
- -4.2%
- Price
- Shares after
- 36,075
- Date
- 02 Jul 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,568
- Exercise price
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Each Restricted Stock Unit ("RSU") converted into one share of the Issuer's common stock.
Footnote F2
The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "mandatory sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
Footnote F3
Each RSU represents the contingent right to receive one share of the Issuer's common stock.
Footnote F4
The Reporting Person was granted restricted stock units ("RSUs") on June 27, 2023 with a vesting commencement date of June 1, 2023 (the "Vesting Commencement Date"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs will vest as follows: (a) one-third (1/3rd) of the RSUs will vest on the first anniversary of the Vesting Commencement Date (or June 1, 2024), and (b) then 1/36th of the RSUs will vest on each successive month following the first anniversary of the Vesting Commencement Date, provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.