Ascent Industries (ACNT) VP reports 15-share sell-to-cover tax sale
Rhea-AI Filing Summary
Ascent Industries Co. VP of Operations - Chemicals Ravi Ramesh Srinivas reported a small automatic share sale related to equity compensation. On 01/05/2026, he disposed of 15 shares of Ascent Industries common stock at a price of $16.16 per share in a transaction coded "F," which indicates shares were withheld or sold to cover tax obligations. According to the footnote, this sell-to-cover transaction was required to satisfy tax withholding on the vesting of restricted stock units (RSUs) and performance stock units (PSUs). After this transaction, he beneficially owned 18,459 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 15 | $16.16 | $242.40 |
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 Ascent Industries (ACNT) report in this Form 4?
The filing reports that VP, Operations - Chemicals Ravi Ramesh Srinivas disposed of 15 shares of Ascent Industries common stock on 01/05/2026 at a price of $16.16 per share.
What is the role of the reporting person in Ascent Industries (ACNT)?
The reporting person, Ravi Ramesh Srinivas, is identified as VP, Operations - Chemicals at Ascent Industries Co.
Was the Ascent Industries (ACNT) insider transaction made under Rule 10b5-1?
The form includes a checkbox related to Rule 10b5-1(c) trading plans, but the excerpt does not show that this box was checked as part of the reported transaction.
Is the reported Ascent Industries (ACNT) Form 4 transaction direct or indirect ownership?
The transaction is reported as direct (D) ownership, with no nature of indirect beneficial ownership specified.
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