Alto Ingredients (ALTO) COO has shares withheld to cover tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alto Ingredients, Inc. COO Todd E. Benton reported a routine share disposition related to taxes, not an open-market trade. On the vesting of restricted stock, 25,359 shares of common stock were withheld at $4.79 per share to cover withholding taxes. After this tax-withholding transaction, Benton directly holds 184,130 shares of Alto Ingredients common stock, indicating he maintains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Benton Todd E
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 25,359 | $4.79 | $121K |
Holdings After Transaction:
Common Stock — 184,130 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 25,359 shares
Withholding share price: $4.79 per share
Shares held after transaction: 184,130 shares
3 metrics
Shares withheld for taxes
25,359 shares
Withheld upon restricted stock vesting to cover withholding taxes
Withholding share price
$4.79 per share
Value used for shares withheld for taxes
Shares held after transaction
184,130 shares
Direct common stock holdings after tax-withholding disposition
Key Terms
restricted stock, withholding taxes, Form 4
3 terms
restricted stock financial
"Amount represents shares withheld upon vesting of restricted stock to cover withholding taxes"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
withholding taxes financial
"shares withheld upon vesting of restricted stock to cover withholding taxes"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.