Director at Gold.com (NASDAQ: AMRK) exercises options, uses shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gold.com, Inc. director Saville Kendall exercised stock options for 6,000 shares of common stock at $17.87 per share. To satisfy tax obligations, 2,543 shares were withheld in a tax-withholding disposition at $42.16 per share. Following these transactions, Kendall directly owns 310,853 common shares. The exercised stock option, which originally covered 6,000 shares and vested in three equal annual installments through March 19, 2024, is now fully exercised with no remaining derivative position reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,000 shares exercised/converted
Mixed
3 txns
Insider
Saville Kendall
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) | 6,000 | $17.87 | $107K |
| Exercise | Common stock, par value $0.01 per share | 6,000 | $17.87 | $107K |
| Tax Withholding | Common stock, par value $0.01 per share | 2,543 | $42.16 | $107K |
Holdings After Transaction:
Stock option (right to buy) — 0 shares (Direct, null);
Common stock, par value $0.01 per share — 310,853 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option exercise shares: 6,000 shares
Option exercise price: $17.87 per share
Tax-withholding shares: 2,543 shares
+3 more
6 metrics
Option exercise shares
6,000 shares
Common stock acquired via option exercise on May 13, 2026
Option exercise price
$17.87 per share
Stock option (right to buy) exercise price
Tax-withholding shares
2,543 shares
Shares delivered for tax liability at $42.16 per share
Tax-withholding price
$42.16 per share
Value used for tax-withholding disposition
Shares owned after transaction
310,853 shares
Direct ownership following Form 4 transactions
Option expiration
March 19, 2031
Expiration date of exercised stock option grant
Key Terms
tax-withholding disposition, derivative exercise/conversion, stock option (right to buy), vesting
4 terms
tax-withholding disposition financial
"tax-withholding disposition at $42.16 per share"
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.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion for 6,000 shares"
stock option (right to buy) financial
"The stock option (right to buy) covered 6,000 shares"
vesting financial
"vested 33.33% of the underlying shares on March 19 of each 2022, 2023, and 2024"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Saville Kendall do in this Form 4 for Gold.com (AMRK)?
Saville Kendall exercised stock options for 6,000 Gold.com shares and used shares to cover taxes. The filing shows an option exercise, not an open-market purchase, plus a tax-withholding disposition handled through delivery of 2,543 shares back to the issuer.
How were taxes handled on Saville Kendall’s Gold.com (AMRK) option exercise?
Taxes were covered through a tax-withholding disposition of 2,543 Gold.com shares at $42.16 per share. Instead of paying cash, a portion of the newly acquired shares was delivered to satisfy the tax liability associated with the stock option exercise.
What are Saville Kendall’s Gold.com (AMRK) holdings after these transactions?
After the option exercise and tax-withholding disposition, Kendall directly holds 310,853 shares of Gold.com common stock. This figure represents his reported direct ownership position following all transactions on the Form 4’s stated transaction date.
What happened to the exercised stock option in the Gold.com (AMRK) Form 4?
The stock option covering 6,000 shares, with a $17.87 exercise price, is now fully exercised and shows zero remaining derivative shares. Footnotes explain it vested 33.33% annually on March 19 of 2022, 2023, and 2024 before this full exercise.