CORP (BCPC) VP & CAO has 383 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Backus William A., VP & Chief Accounting Officer of CORP (BCPC), reported a routine share withholding related to equity compensation. On 04/01/2025, 383 shares of common stock at $167.24 per share were withheld to cover taxes upon vesting of restricted shares granted on 4/1/2022.
After this transaction, he beneficially owned 5,839 common shares directly and 256 common shares indirectly through a 401(k) plan as of 4/1/2025. The report notes it was an inadvertent late filing caused by an administrative error.
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 | 383 | $167.24 | $64K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,839 shares (Direct);
Common Stock — 256 shares (Indirect, 401(k) Plan)
Footnotes (1)
- This is an inadvertent late filing due to an administrative error. Reflects shares that were withheld to cover withholding taxes due upon vesting of restricted shares (granted on 4/1/2022). Shares held in Reporting Person's 401(k) plan account as of 4/1/2025.
FAQ
What insider transaction did BCPC officer William A. Backus report?
William A. Backus reported 383 BCPC shares withheld for taxes. On 04/01/2025, common shares were withheld at $167.24 per share to cover withholding taxes due when previously granted restricted shares vested.
Was the Form 4 for BCPC officer William A. Backus filed on time?
No, the Form 4 was described as an inadvertent late filing. The explanation states the delay resulted from an administrative error, even though the underlying transaction occurred on 04/01/2025.
What type of transaction is code "F" on William A. Backus’s BCPC Form 4?
Transaction code "F" indicates shares withheld for tax purposes. In this case, 383 BCPC common shares were withheld to satisfy withholding taxes triggered by the vesting of restricted stock granted on 4/1/2022.
How are William A. Backus’s indirect BCPC holdings structured?
His indirect BCPC holdings are in a 401(k) plan. The filing shows 256 common shares held indirectly in his 401(k) plan account as of 4/1/2025, separate from his directly owned shares.