VP sells 16 Ascent Industries (ACNT) shares to cover taxes after vesting
Rhea-AI Filing Summary
Ascent Industries Co. officer Anthony X. Pan, VP of Sales & Business Development, reported a small insider transaction in company stock. On 01/05/2026, he disposed of 16 shares of common stock at $16.16 per share under transaction code F, which the footnote explains was a “sell-to-cover” trade to satisfy tax withholding obligations from vesting RSUs and PSUs.
After this transaction, Pan beneficially owned 17,251 shares of Ascent Industries common stock directly. He also reported indirect ownership of 550 shares held by his mother and 2,693 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 16 | $16.16 | $258.56 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents the number of shares required to be sold by the Reporting Person in a "sell-to-cover" transaction to cover tax withholding obligations in connection with the vesting of RSUs and PSUs.
FAQ
What insider transaction did ACNT VP Anthony X. Pan report?
Anthony X. Pan, VP of Sales & Business Development at Ascent Industries Co. (ACNT), reported disposing of 16 shares of common stock on 01/05/2026 at $16.16 per share.
What does the transaction code F mean in the ACNT Form 4 filing?
Transaction code F indicates a sell-to-cover transaction. The footnote states the 16 shares were sold to cover tax withholding obligations tied to vesting RSUs and PSUs.
What is the role of the reporting person in the ACNT Form 4?
The reporting person, Anthony X. Pan, is listed as an officer of Ascent Industries Co. with the title VP, Sales & Bus. Development.
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