Ascent Industries (ACNT) CFO reports 25-share tax sell-to-cover trade
Rhea-AI Filing Summary
Ascent Industries Co. Chief Financial Officer Ryan Kavalauskas reported a small automatic share sale related to equity compensation. On 01/05/2026, he disposed of 25 shares of common stock at $16.16 per share. According to the footnote, this was a “sell-to-cover” transaction to satisfy tax withholding obligations tied to the vesting of RSUs and PSUs, rather than a discretionary open-market sale. After this transaction, he directly beneficially owned 13,682 shares of Ascent Industries common stock.
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FAQ
What insider transaction did Ascent Industries (ACNT) report for its CFO?
Ascent Industries Co. reported that its Chief Financial Officer, Ryan Kavalauskas, disposed of 25 shares of common stock on 01/05/2026.
How many Ascent Industries shares did the CFO sell and at what price?
The CFO sold 25 shares of Ascent Industries common stock at a price of $16.16 per share.
Why did the Ascent Industries CFO sell 25 shares of ACNT stock?
The filing states the 25 shares were sold in a “sell-to-cover” transaction to cover tax withholding obligations from the vesting of RSUs and PSUs.
How many Ascent Industries shares does the CFO own after this transaction?
Following the reported transaction, the CFO directly beneficially owned 13,682 shares of Ascent Industries common stock.
Is this Ascent Industries insider transaction direct or indirect ownership?
The Form 4 shows the CFO’s holdings as direct (D) ownership, with no separate indirect ownership entity listed.
What transaction code was used in the Ascent Industries CFO Form 4?
The transaction is coded “F”, indicating shares withheld or sold to satisfy tax obligations related to an equity award.