February 27, 2025 · Form 4 insider transaction
Schwock Reinhard Werner sold 34,286 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 RSUs vest in 16 equal quarterly installments beginning on June 20, 2025. Pursuant to the Merger Agreement, each outstanding RSU was assumed by IBM and converted into restricted stock units for 4,662 shares of IBM common stock.