February 27, 2025 · Form 4 insider transaction
Schwock Reinhard Werner sold 4,441 shares of HashiCorp, Inc., a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 4 days after the transaction.
Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class A common stock.; The remaining RSUs vest in six equal quarterly installments beginning on March 20, 2025. Pursuant to the Merger Agreement, each outstanding RSU was assumed by IBM and converted into restricted stock units for 603 shares of IBM common stock.