May 15, 2024 · Form 4 insider transaction
Ferrero Justin sold 573 shares of SHCR at $0.75 per share, a transaction worth $429.75. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
No shares were sold by Reporting Person. As previously reported, on June 6, 2023, Reporting Person was granted 97,657 restricted stock units ("RSUs") in lieu of guaranteed cash base salary (as elected by Reporting Person). The RSUs vest twenty-five percent (25%) each on August 15, 2023, November 15, 2023, February 15, 2024 and May 15, 2024, respectively, provided that Reporting Person is still employed by the Company or an affiliate thereof through the applicable vesting date. The transaction reported on this Form 4 reflects withholding of shares by the Company to cover the withholding taxes due upon vesting of 25% of the RSUs on May 15, 2024.