Broadwind CEO covers taxes with share withholding
Broadwind, Inc. President and CEO Eric B. Blashford reported a tax-related share withholding and updated his holdings.
Rhea-AI Filing Summary
Broadwind, Inc. President and CEO Eric B. Blashford reported a tax-related share withholding and updated his holdings. On a Form 4, he directed the company to withhold 4,691 shares of common stock at $3.96 per share to satisfy tax obligations tied to a prior restricted stock unit grant. After this tax-withholding disposition, he holds 571,486 shares directly and 40,409 shares indirectly through a 401(k) plan. Footnotes note additional equity awards, including 18,199 restricted stock units scheduled to vest into 18,199 shares on 5/16/27 and 41,250 restricted stock units that will vest into 20,625 shares on each of 5/15/27 and 5/15/28.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 4,691 shares
Exercise Price or Tax Liability
2 txns
Insider
Blashford Eric B.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,691 | $3.96 | $19K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 571,486 shares (Direct);
Common Stock — 40,409 shares (Indirect, By 401(k) Plan)
Footnotes (2)
- F1. The reporting person has elected to satisfy his withholding obligation in connection with the vesting of a prior restricted stock unit grant by directing the Company to withhold shares otherwise issuable pursuant to the previously reported grant.
- F2. Includes (i) 18,199 restricted stock units that vest 18,199 shares on 5/16/27; and (ii) 41,250 restricted stock units that vest 20,625 shares on each of 5/15/27 and 5/15/28.
Key Figures
Tax-withholding shares: 4,691 shares
Withholding price: $3.96 per share
Direct holdings after transaction: 571,486 shares
+3 more
6 metrics
Tax-withholding shares
4,691 shares
Common stock withheld at $3.96 per share to cover tax
Withholding price
$3.96 per share
Price for 4,691 shares used for tax-withholding disposition
Direct holdings after transaction
571,486 shares
Common stock directly held by CEO after tax withholding
Indirect 401(k) holdings
40,409 shares
Common stock held indirectly through a 401(k) plan
RSUs vesting 5/16/27
18,199 units / shares
Restricted stock units vesting into 18,199 shares on 5/16/27
Future RSU grants
41,250 units
Restricted stock units vesting into 20,625 shares on 5/15/27 and 5/15/28
Key Terms
tax-withholding disposition, restricted stock units, 401(k) Plan
3 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
restricted stock units financial
"Includes (i) 18,199 restricted stock units that vest 18,199 shares on 5/16/27"
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.
401(k) Plan financial
"Common Stock holding of 40,409 shares is indirect, by 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Broadwind (BWEN) CEO Eric Blashford report in this Form 4?
Eric Blashford reported a tax-related share withholding and updated his equity holdings. He used company stock to cover taxes from a prior restricted stock unit grant, and the filing details his remaining direct and indirect Broadwind share ownership.
What future restricted stock unit vesting is disclosed for Broadwind’s CEO?
The filing notes 18,199 restricted stock units that vest into 18,199 shares on 5/16/27. It also lists 41,250 restricted stock units vesting into 20,625 shares on 5/15/27 and another 20,625 shares on 5/15/28, reflecting scheduled equity compensation.
How are Eric Blashford’s indirect Broadwind holdings structured in this Form 4?
Eric Blashford’s indirect holdings consist of 40,409 Broadwind common shares held by a 401(k) plan. The filing identifies this position as indirect ownership, while his 571,486 directly held shares are reported separately as direct ownership of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
