ProCap CFO uses shares for tax withholding
ProCap Financial, Inc. Chief Financial Officer Renae Terese Cormier reported a tax-related share disposition.
Rhea-AI Filing Summary
ProCap Financial, Inc. Chief Financial Officer Renae Terese Cormier reported a tax-related share disposition. On the reported date, 56,757 shares of common stock were used to satisfy tax obligations, classified as a tax-withholding disposition rather than an open-market sale.
After this transaction, Cormier directly held 489,850 shares of ProCap common stock. Because the shares were withheld to cover taxes instead of being sold in the market, this filing reflects a routine administrative event tied to equity compensation, not a discretionary share sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.001 | 56,757 | $124,298.00 as filed | -- |
- Price shown as filed: $124,298.00 per share is far above the $2.34 close on Jun 1, 2026, so no transaction value is shown. The reported figure matches the total consideration, which implies about $2.19 per share.
Key Figures
Key Terms
tax-withholding disposition financial
Common Stock, par value $0.001 financial
Payment of exercise price or tax liability by delivering securities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ProCap Financial (BRR) report on this Form 4?
Was the ProCap Financial (BRR) CFO’s Form 4 transaction an open-market sale?
What does transaction code F mean on the ProCap Financial (BRR) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.