Bumble (NASDAQ: BMBL) CEO has shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bumble Inc. Chief Executive Officer Whitney Wolfe Herd reported a routine tax-related share disposition. On this Form 4, 4,082 shares of Class A common stock were withheld at $3.62 per share to cover tax obligations arising from the vesting of restricted stock units. Following this withholding, she directly holds 1,403,614 Class A shares. Additional indirect holdings include 23,255 shares held by her spouse and 100,000 shares held by a trust for which her spouse serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Herd Whitney Wolfe
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 4,082 | $3.62 | $15K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,403,614 shares (Direct, null);
Class A Common Stock — 100,000 shares (Indirect, See footnote)
Footnotes (1)
- Represents shares of Class A common stock withheld to satisfy tax withholding obligations relating to the vesting of restricted stock units. These securities are held by the Reporting Person's spouse. These securities are held by a trust of which the Reporting Person's spouse is the trustee.
Key Figures
Tax-withheld shares: 4,082 shares
Withholding price: $3.62 per share
Direct holdings after transaction: 1,403,614 shares
+2 more
5 metrics
Tax-withheld shares
4,082 shares
Withheld for RSU tax obligations
Withholding price
$3.62 per share
Value used for tax-withholding shares
Direct holdings after transaction
1,403,614 shares
Class A common stock held directly post-transaction
Indirect spouse-held shares
23,255 shares
Class A shares held by reporting person’s spouse
Indirect trust-held shares
100,000 shares
Class A shares held by spouse-administered trust
Key Terms
restricted stock units, tax withholding obligations, indirect ownership, Form 4
4 terms
restricted stock units financial
"tax withholding obligations 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.
tax withholding obligations financial
"withheld to satisfy tax withholding obligations relating to the vesting"
indirect ownership financial
"These securities are held by the Reporting Person's spouse."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Bumble (BMBL) report for Whitney Wolfe Herd?
Bumble CEO Whitney Wolfe Herd reported a Form 4 transaction where 4,082 Class A shares were withheld to satisfy tax obligations from restricted stock unit vesting, rather than an open-market sale, reflecting a routine compensation-related event.
Was the Bumble (BMBL) Form 4 a market sale by Whitney Wolfe Herd?
No, the Form 4 shows 4,082 shares withheld to pay taxes on vested restricted stock units. This F-code transaction is a tax-withholding disposition, not an open-market sale initiated to trade Bumble shares in the market.
How are Whitney Wolfe Herd’s indirect Bumble (BMBL) holdings structured?
Indirect holdings disclosed include 23,255 Bumble Class A shares held by her spouse and 100,000 shares held by a trust where her spouse is trustee. These positions are reported as indirect ownership interests linked to the reporting person’s household and trust arrangements.