Bumble (NASDAQ: BMBL) CLO has 159,644 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bumble Inc. Chief Legal Officer Deirdre L. Runnette reported a routine tax-withholding transaction involving Class A common stock. On the reported date, 159,644 shares were withheld at $4.16 per share to satisfy tax obligations tied to vesting restricted stock units.
This was not an open-market sale but a tax-withholding disposition, meaning the shares were delivered to cover taxes rather than sold for cash. After this event, Runnette continues to hold 1,039,541 shares of Bumble Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Runnette Deirdre L.
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 159,644 | $4.16 | $664K |
Holdings After Transaction:
Class A Common Stock — 1,039,541 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 159,644 shares
Withholding price per share: $4.16 per share
Shares held after transaction: 1,039,541 shares
3 metrics
Shares withheld for taxes
159,644 shares
Class A common stock withheld for RSU tax obligations
Withholding price per share
$4.16 per share
Value used for tax-withholding disposition
Shares held after transaction
1,039,541 shares
Direct Class A holdings after tax withholding
Key Terms
tax withholding obligations, restricted stock units, Class A common stock, tax-withholding disposition
4 terms
tax withholding obligations financial
"withheld to satisfy tax withholding obligations relating to the vesting"
restricted stock units financial
"relating to the 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.
Class A common stock financial
"Represents shares of Class A common stock withheld to satisfy"
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.
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 Bumble (BMBL) report for Deirdre Runnette?
Bumble reported that Chief Legal Officer Deirdre L. Runnette had 159,644 Class A shares withheld at $4.16 each. These shares satisfied tax obligations from vesting restricted stock units, and were not sold in the open market for investment purposes.
Does the Bumble (BMBL) Form 4 show an open-market sale by the CLO?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were delivered to cover taxes related to restricted stock unit vesting, a common administrative event in equity compensation programs for senior executives like the Chief Legal Officer.
What does transaction code “F” mean in the Bumble (BMBL) Form 4?
Transaction code “F” on the Form 4 indicates payment of tax liability or exercise price by delivering securities. In this case, Bumble’s Chief Legal Officer used 159,644 shares of Class A stock to satisfy tax obligations from vesting restricted stock units, not to execute a market sale.