DMC Global (BOOM) CFO has shares withheld to cover vesting taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DMC Global Inc. Chief Financial Officer Walter Eric V. reported a tax-related share disposition. On the vesting of an equity award, 11,427 shares of common stock were withheld at $7.51 per share to cover tax obligations, rather than being sold in the open market. After this withholding, he directly holds 88,603 shares of DMC Global common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Walter Eric V.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 11,427 | $7.51 | $86K |
Holdings After Transaction:
Common Stock — 88,603 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 11,427 shares
Withholding price per share: $7.51 per share
Shares held after transaction: 88,603 shares
+2 more
5 metrics
Shares withheld for taxes
11,427 shares
Tax-withholding disposition on equity award vesting
Withholding price per share
$7.51 per share
Value used for tax-withholding shares
Shares held after transaction
88,603 shares
Direct common stock holdings following withholding
Transaction code
F
Payment of exercise price or tax liability with securities
Tax-withholding share count
11,427 shares
Form 4 transactionSummary taxWithholdingShares
Key Terms
tax-withholding disposition, vesting, underlying award, Common Stock
4 terms
tax-withholding disposition financial
"The filing reports a tax-withholding disposition of 11,427 shares of common stock."
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
"Shares were withheld 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.
underlying award financial
"Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award."
Common Stock financial
"The transaction involves DMC Global Inc. Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did DMC Global (BOOM) report in this Form 4?
DMC Global’s Chief Financial Officer reported a tax-withholding disposition of 11,427 shares of common stock. These shares were withheld upon vesting of an equity award to satisfy tax obligations, rather than sold on the open market.
Was the DMC Global (BOOM) CFO’s Form 4 transaction an open-market sale?
No. The Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company at vesting to pay taxes owed on the underlying equity award.
What does the footnote in the DMC Global (BOOM) Form 4 explain about the transaction?
The footnote explains that the reported shares represent withholding to satisfy tax obligations upon vesting of the underlying award. It clarifies the disposition is administrative tax settlement rather than a discretionary market sale of shares.