DMC Global (NASDAQ: BOOM) CAO uses 230 shares to cover tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DMC Global Inc. Chief Accounting Officer Brett A. Seger reported a routine share withholding related to equity compensation. On May 28, 2026, 230 shares of common stock were withheld to satisfy tax obligations upon vesting of an award, at an indicated price of $7.16 per share.
These shares were not sold in the open market but used to cover taxes. After this tax-withholding disposition, Seger directly holds 21,408 shares of DMC Global Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seger Brett A.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 230 | $7.16 | $2K |
Holdings After Transaction:
Common Stock — 21,408 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 230 shares
Indicated price per share: $7.16 per share
Shares held after transaction: 21,408 shares
3 metrics
Shares withheld for taxes
230 shares
Tax-withholding disposition on common stock
Indicated price per share
$7.16 per share
Value used for 230 withheld shares
Shares held after transaction
21,408 shares
Direct holdings following tax withholding
Key Terms
tax-withholding disposition, vesting, equity award
3 terms
tax-withholding disposition financial
"This was a tax-withholding disposition, not an open-market sale"
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.
vesting financial
"to satisfy tax obligations upon the vesting of the underlying award"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
equity award financial
"tax obligations upon the vesting of the underlying award"
An equity award is a form of pay where a company gives employees, executives or other stakeholders the right to own or buy company shares—either immediately or after meeting certain conditions. Think of it like receiving slices of the company pie now or coupons to claim slices later; it matters to investors because it affects ownership dilution, executive incentives and reported compensation costs, and signals how management is being rewarded and retained.
FAQ
What insider transaction did DMC Global (BOOM) report for Brett A. Seger?
DMC Global reported that Chief Accounting Officer Brett A. Seger had 230 common shares withheld to cover taxes on a vesting equity award. This was a tax-withholding disposition, not an open-market sale, and reflects routine treatment of stock-based compensation.
Was the DMC Global (BOOM) Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. A footnote clarifies that 230 shares were withheld specifically to satisfy tax obligations arising from the vesting of an underlying equity award granted to the executive.