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4: Statement of changes in beneficial ownership of securities-Officer Ethridge Greg

SEC ·  Jul 6 04:08
Summary by Futu AI
Greg Ethridge, the Chief Financial Officer of Canoo Inc. (GOEV), was granted 126,500 shares of common stock on July 2, 2024, as per the latest SEC filings. The transaction, which was completed on the same day, was a grant and not a market purchase, indicating the shares were awarded at no cost. Following this transaction, Ethridge's total direct holdings in Canoo increased to 211,168 shares. The grant is part of the company's compensation strategy for its executives and is a standard practice in the industry to incentivize performance and align the interests of management with those of the shareholders.
Greg Ethridge, the Chief Financial Officer of Canoo Inc. (GOEV), was granted 126,500 shares of common stock on July 2, 2024, as per the latest SEC filings. The transaction, which was completed on the same day, was a grant and not a market purchase, indicating the shares were awarded at no cost. Following this transaction, Ethridge's total direct holdings in Canoo increased to 211,168 shares. The grant is part of the company's compensation strategy for its executives and is a standard practice in the industry to incentivize performance and align the interests of management with those of the shareholders.
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