Tax withholding trims Booz Allen (NYSE: BAH) GC stake to 10,038
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Booz Allen Hamilton Holding Corp EVP & General Counsel Joshua Petty reported a tax-related share disposition. On this Form 4, 244 shares of Class A common stock were withheld at $60.67 per share to cover tax obligations, classified as a tax-withholding disposition exempt under Rule 16b-3. After this transaction, Petty directly holds 10,038 shares, and this amount includes restricted stock units. The filing reflects a routine compensation-related adjustment rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Petty Joshua
Role
EVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 244 | $60.67 | $15K |
Holdings After Transaction:
Class A Common Stock — 10,038 shares (Direct, null)
Footnotes (1)
- Exempt under Rule 16b-3. Includes restricted stock units.
Key Figures
Shares withheld for taxes: 244 shares
Per-share value for withholding: $60.67 per share
Shares held after transaction: 10,038 shares
3 metrics
Shares withheld for taxes
244 shares
Tax-withholding disposition on Class A Common Stock
Per-share value for withholding
$60.67 per share
Value used for tax-withholding disposition
Shares held after transaction
10,038 shares
Direct holdings after tax-withholding, includes RSUs
Key Terms
Rule 16b-3, restricted stock units, tax-withholding disposition, Class A Common Stock, +1 more
5 terms
Rule 16b-3 regulatory
"Exempt under Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
restricted stock units financial
"Includes 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.
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.
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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 Booz Allen (BAH) report for Joshua Petty?
Booz Allen reported that EVP & General Counsel Joshua Petty had 244 shares withheld as a tax-withholding disposition. The shares of Class A common stock were used to satisfy tax obligations related to equity compensation rather than sold on the open market.
Was Joshua Petty’s Booz Allen (BAH) transaction an open-market sale?
No, the transaction was not an open-market sale. It was coded as an F transaction, meaning shares were delivered to cover exercise price or tax liability, a routine tax-withholding disposition exempt under Rule 16b-3 for equity compensation purposes.
What does Rule 16b-3 exemption mean for this Booz Allen (BAH) Form 4?
The Rule 16b-3 exemption means the transaction is treated as a board-approved, compensation-related event. Petty’s 244-share tax-withholding disposition is recognized as part of equity compensation administration rather than speculative trading in Booz Allen Hamilton stock.