ASGN president covers taxes with 6,522 shares
ASGN Inc president Sadasivam Iyer reported a tax-related share disposition tied to vesting restricted stock units.
Rhea-AI Filing Summary
ASGN Inc president Sadasivam Iyer reported a tax-related share disposition tied to vesting restricted stock units. He had 6,522 shares of common stock withheld by the company at $41.98 per share to cover tax obligations, leaving him with 59,070 shares held directly afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 6,522 shares
Exercise Price or Tax Liability
1 txn
Insider
Iyer Sadasivam
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,522 | $41.98 | $274K |
Holdings After Transaction:
Common Stock — 59,070 shares (Direct)
Footnotes (1)
- F1. The executive officer elected to satisfy tax withholding obligations upon vesting of RSUs by having the issuer withhold a number of vested shares equal to that of the executive officer's tax liability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ASGN (ASGN) president Sadasivam Iyer report in this Form 4?
ASGN president Sadasivam Iyer reported a tax-withholding disposition of common stock. The transaction related to RSU vesting, where shares were withheld by the company to satisfy tax obligations rather than sold in an open-market transaction.
Was Sadasivam Iyer’s ASGN (ASGN) transaction an open-market sale?
No, the transaction was not an open-market sale. It was a tax-withholding disposition where ASGN withheld 6,522 vested shares upon RSU vesting to cover Sadasivam Iyer’s tax obligations, as described in the Form 4 footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.