ProCap CLO has 64K shares withheld for taxes
ProCap Financial, Inc. (BRR) reported that Chief Legal Officer Kyle Irvin Wood had shares withheld in connection with equity compensation.
Rhea-AI Filing Summary
ProCap Financial, Inc. (BRR) reported that Chief Legal Officer Kyle Irvin Wood had shares withheld in connection with equity compensation. On 2026-08-25, 64,334 shares of common stock were disposed of at $2.15 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units, leaving 325,347 shares held directly.
Positive
- None.
Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 64,334 shares
Exercise Price or Tax Liability
1 txn
Insider
Wood Kyle Irvin
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.001 | 64,334 | $2.15 | $138K |
Holdings After Transaction:
Common Stock, par value $0.001 — 325,347 shares (Direct)
Key Figures
Shares disposed for tax withholding: 64,334 shares
Reported value per share: $2.15 per share
Shares held after transaction: 325,347 shares
3 metrics
Shares disposed for tax withholding
64,334 shares
Shares withheld by issuer on 2026-08-25 to satisfy tax withholding obligations for RSU vesting
Reported value per share
$2.15 per share
Value associated with 64,334 shares withheld on 2026-08-25
Shares held after transaction
325,347 shares
Common stock directly owned by Kyle Irvin Wood following the 2026-08-25 transaction
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"in connection with 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
"to satisfy tax withholding obligations in connection with the vesting"
Form 4 regulatory
"The Form 4 for BRR states the shares were withheld by the issuer"
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 BRR report for Kyle Irvin Wood?
ProCap Financial, Inc. reported that Chief Legal Officer Kyle Irvin Wood had 64,334 shares of common stock withheld on 2026-08-25 to cover tax withholding obligations related to vesting restricted stock units, at a reported value of $2.15 per share.
Was the BRR Form 4 transaction a market sale or tax withholding?
The Form 4 for BRR states the shares were withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units, indicating a tax-related disposition rather than an open-market sale.
Who is the reporting person in the latest BRR Form 4 filing?
The reporting person is Kyle Irvin Wood, who serves as Chief Legal Officer of ProCap Financial, Inc. He reported a disposition of 64,334 shares through issuer withholding for tax obligations related to restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.