AUDIOEYE (AEYE) CEO Kelly Georgevich has 2,030 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AUDIOEYE INC director and executive Kelly Georgevich reported a routine tax-related share disposition. On vesting of restricted stock units, 2,030 shares of common stock were withheld at $5.81 per share to cover withholding taxes. After this non-market transaction, Georgevich directly holds 170,620 shares of AUDIOEYE common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Georgevich Kelly
Role
CEO, CFO AND SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,030 | $5.81 | $12K |
Holdings After Transaction:
Common Stock — 170,620 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,030 shares
Withholding price per share: $5.81 per share
Shares held after transaction: 170,620 shares
3 metrics
Shares withheld for taxes
2,030 shares
Withheld to cover withholding taxes on RSU vesting
Withholding price per share
$5.81 per share
Price used for 2,030 shares withheld
Shares held after transaction
170,620 shares
Direct AUDIOEYE common stock holdings following the Form 4 transaction
Key Terms
restricted stock units, withholding taxes, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities
4 terms
restricted stock units financial
"Represents shares withheld to cover withholding taxes upon the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding taxes financial
"Represents shares withheld to cover withholding taxes upon the vesting of restricted stock units."
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transaction did AUDIOEYE (AEYE) report for Kelly Georgevich?
AUDIOEYE reported that Kelly Georgevich had 2,030 common shares withheld to cover taxes upon the vesting of restricted stock units. This Form 4 shows a tax-withholding disposition rather than an open-market purchase or sale.
Was the AUDIOEYE (AEYE) Form 4 transaction an open-market sale or purchase?
The transaction was not an open-market sale or purchase. It is coded as an “F” transaction, representing shares withheld to pay withholding taxes upon restricted stock unit vesting, rather than a discretionary trade in the market.
What does the F code mean in the AUDIOEYE (AEYE) Form 4 filing?
The F code in this Form 4 indicates payment of a tax liability by delivering securities. In this case, 2,030 shares were withheld to cover withholding taxes when restricted stock units held by Kelly Georgevich vested.