Villarreal David Roberto sold SGD
February 22, 2024 · Form 4 insider transaction
Villarreal David Roberto sold 218,780 shares of SGD at $0.92 per share, a transaction worth $201.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
These shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended.; Includes 27,926 shares which the reporting person received in connection with the distribution (the "Distribution") by Safe & Green Holdings Corp. ("SG Holdings") of approximately 30% of the outstanding shares of common stock of Safe and Green Development Corporation to SG Holdings' stockholders on a pro rata basis which transaction was exempt from reporting.