FiscalNote Holdings, Inc.
NOTE, NOTEW · Services-Business Services, NEC · 121.4M shares · -10%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$18M (gross $88K, SBC $18M)
Reference price $1.20 · est. market cap ~$146M — last insider sale, 2026-02-02 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D50gen composite 17pct→50; net + operating loss
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -68.4%)
- High leverageHigh leverage (debt/equity 2.07)
- Buying back stockNet buyback — share count -10%/yr over 3y
- AccumulatingInstitutional holders rose 4→5 QoQ (2025-09-30→2025-12-31)
- Notable holderHeld by 4 notable fund(s): VANGUARD GROUP INC, CITADEL ADVISORS LLC, GOLDMAN SACHS GROUP INC +1 more (as of 2025-12-31)
- Revenue declineRevenue -27.2% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
-51.9%
Net margin
-68.4%
Return on equity
-105.3%
Return on assets
-25.6%
ROIC
-20.5%
Revenue growth (QoQ)
-27.2%
Net-income growth
-785.6%
Debt / equity
2.1×
Current ratio
1.0×
Tangible book value
-$114M
Cash & investments
$27M
Stock comp / revenue
15.5%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Josh Resnik | President and CEO | $2M FY2025 |
| Donnell Paul | Chief Accounting Officer | — |
| Jon Slabaugh | CFO and SVP, Corp. Dev. | $2M FY2025 |
| Todd Aman | Chief Legal & Admin. Officer | $1M FY2025 |
| Anna Sedgley | Director | $139K FY2025 |
| Brandon Sweeney | Director | $129K FY2025 |
| Gerald Yao | Director | $20K FY2025 |
| Hwang Tim | Director | — |
| Keith Nilsson | Director | $119K FY2025 |
| Key Compton | Director | $114K FY2025 |
| Manoj Jain | Director | $114K FY2025 |
| Michael J. Callahan | Director | $133K FY2025 |
| Stanley McChrystal | Director | $99K FY2025 |
| Timothy Hwang | Director | $825K FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-15 | Resnik Josh | Tax withheld | 1.7K | $0.20 |
| 2026-05-15 | Resnik Josh | Tax withheld | 5.4K | $0.20 |
| 2026-05-06 | Compton Key | Other | 431K | — |
| 2026-05-06 | Compton Key | Other | 431K | — |
| 2026-04-17 | Resnik Josh | Tax withheld | 1.1K | $0.26 |
| 2026-04-17 | Aman Todd | Tax withheld | 317 | $0.26 |
| 2026-04-09 | Aman Todd | Tax withheld | 2.2K | $0.26 |
| 2026-02-12 | Donnell Paul | Tax withheld | 233 | $1.15 |
| 2026-02-12 | Resnik Josh | Tax withheld | 1.4K | $0.88 |
| 2026-02-12 | Resnik Josh | Tax withheld | 4.3K | $0.88 |
| 2026-02-09 | Donnell Paul | Tax withheld | 44 | $1.22 |
| 2026-02-09 | Yao Gerald | Tax withheld | 42 | $1.22 |
| 2026-02-09 | Aman Todd | Tax withheld | 67 | $1.22 |
| 2026-02-02 | Hwang Tim | Sell | 3.1K | $1.20 |
| 2026-02-02 | Hwang Tim | Sell | 1.0K | $1.20 |
| 2026-01-20 | Yao Gerald | Tax withheld | 353 | $1.57 |
| 2026-01-20 | Slabaugh Jon | Tax withheld | 1.6K | $1.57 |
| 2026-01-20 | Resnik Josh | Tax withheld | 850 | $1.57 |
| 2026-01-20 | Aman Todd | Tax withheld | 317 | $1.57 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-26 | 2026-06-22 | 0001193125-26-285640 ↗ |
| 8-K | 2026-06-24 | 2026-06-24 | 0001193125-26-281253 ↗ |
| 8-K | 2026-06-16 | 2026-06-16 | 0001193125-26-272581 ↗ |
| 8-K | 2026-05-29 | 2026-05-27 | 0001193125-26-248245 ↗ |
| 8-K | 2026-05-18 | 2026-05-18 | 0001193125-26-229002 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0001193125-26-217061 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001193125-26-212342 ↗ |
| 8-K | 2026-04-21 | 2026-04-21 | 0001193125-26-166959 ↗ |
| DEF 14A | 2026-04-15 | 2026-04-15 | 0001193125-26-157200 ↗ |
| 8-K | 2026-03-26 | 2026-03-25 | 0001193125-26-124523 ↗ |
| 10-K | 2026-03-24 | 2025-12-31 | 0001193125-26-120769 ↗ |
| 8-K | 2026-03-19 | 2026-03-15 | 0001193125-26-116105 ↗ |