Tax withholding trims BigBear.ai (BBAI) CFO stake to 592,893 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BigBear.ai Holdings, Inc. Chief Financial Officer Sean Raymond Ricker reported a routine tax-related share disposition. On the vesting of restricted stock units, 10,069 shares of common stock were withheld at $3.60 per share to cover tax withholding obligations, rather than being sold on the open market. Following this withholding, he holds 592,893 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ricker Sean Raymond
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,069 | $3.60 | $36K |
Holdings After Transaction:
Common Stock — 592,893 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 10,069 shares
Withholding reference price: $3.60 per share
Shares held after transaction: 592,893 shares
3 metrics
Shares withheld for taxes
10,069 shares
Withheld to satisfy tax withholding obligations on RSU vesting
Withholding reference price
$3.60 per share
Price per share used for the 10,069 withheld shares
Shares held after transaction
592,893 shares
Direct common stock ownership after tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligations, Common Stock, tax-withholding disposition
4 terms
restricted stock units financial
"Represents shares withheld to satisfy tax withholding obligations on 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.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units."
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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.
FAQ
What insider transaction did BigBear.ai (BBAI) report for its CFO?
BigBear.ai reported that CFO Sean Raymond Ricker had 10,069 common shares withheld at $3.60 per share. The shares were withheld to satisfy tax obligations from vesting restricted stock units, rather than sold in an open-market transaction.
Was the BigBear.ai (BBAI) CFO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 shows 10,069 shares of common stock were withheld to cover tax withholding obligations when restricted stock units vested, a standard administrative process for equity compensation.
What does the F transaction code mean in the BigBear.ai (BBAI) Form 4?
The F code indicates a disposition to pay an exercise price or tax liability by delivering securities. In this case, 10,069 shares were withheld specifically to satisfy tax withholding obligations related to vesting restricted stock units held by the CFO.