ProCap Financial CLO receives 314,885-share stock award
ProCap Financial Chief Legal Officer Kyle Irvin Wood received a stock award and had shares withheld for taxes.
Sentiment and the balance of points
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Rhea-AI Filing Summary
ProCap Financial Chief Legal Officer Kyle Irvin Wood received a stock award and had shares withheld for taxes. He acquired 314,885 shares of common stock through the vesting and settlement of restricted stock units at no cost. To satisfy tax withholding obligations, 161,500 shares were withheld by the company at a price of $2.62 per share, leaving him with 153,385 shares of common stock held directly after these transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 | 314,885 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 | 161,500 | $2.62 | $423K |
Footnotes (2)
- F1. Represents the settlement of restricted stock units ("RSUs") into shares of common stock upon vesting. Each RSU represents a contingent right to receive one share of common stock.
- F2. Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.The reporting person received the net number of shares after the issuer withheld shares to satisfy applicable tax withholding obligations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ProCap Financial (BRR) report for Kyle Irvin Wood?
Was the ProCap Financial (BRR) insider transaction an open-market buy or sell?
What do the restricted stock units (RSUs) represent in the ProCap Financial (BRR) insider filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.