CORP (BCPC) accounting chief has 322 shares withheld for tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CORP vice president and chief accounting officer William A. Backus reported a routine tax-related share withholding. On 02/08/2026, 322 shares of common stock were withheld at $173.16 per share to cover taxes due on the vesting of restricted shares originally granted on 2/8/2023.
After this withholding, Backus beneficially owned 5,517 shares of CORP common stock directly and 283 shares indirectly through a 401(k) plan. The filing reflects administrative share withholding rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Backus William A.
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 322 | $173.16 | $56K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,517 shares (Direct);
Common Stock — 283 shares (Indirect, 401(k) Plan)
Footnotes (1)
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FAQ
What insider transaction did CORP (BCPC) report for William A. Backus?
CORP reported that VP & Chief Accounting Officer William A. Backus had 322 common shares withheld to cover taxes upon vesting of restricted shares granted on February 8, 2023. This is a tax-settlement transaction, not an open-market buy or sell.
Was the CORP (BCPC) Form 4 transaction an open-market sale?
No, the Form 4 indicates the 322 CORP shares were withheld to satisfy tax obligations on vesting restricted shares. The transaction code “F” denotes a tax withholding, not an open-market sale initiated by the reporting person.
What role does William A. Backus hold at CORP (BCPC)?
William A. Backus serves as CORP’s Vice President and Chief Accounting Officer. His position is disclosed in the Form 4, which also notes he is not a director or 10% owner but reports transactions as an executive officer.