Caris executive uses shares for RSU tax payment
Caris Life Sciences executive Luke Thomas Power used company stock to cover taxes on vested RSUs.
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Form Type
4
Rhea-AI Filing Summary
Caris Life Sciences executive Luke Thomas Power used company stock to cover taxes on vested RSUs. On this Form 4, 9,771 shares of Common Stock were withheld at $15.25 per share to pay withholding taxes. After this tax-withholding disposition, he directly holds 153,771 shares.
Insider Trade Summary
Exercise Price or Tax Liability: 9,771 shares
Exercise Price or Tax Liability
1 txn
Insider
Power Luke Thomas
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,771 | $15.25 | $149K |
Holdings After Transaction:
Common Stock — 153,771 shares (Direct)
Footnotes (1)
- F1. Shares withheld for the payment of taxes on the vesting and settlement of RSUs.
Key Figures
Shares withheld for taxes: 9,771 shares
Withholding price: $15.25 per share
Shares held after transaction: 153,771 shares
3 metrics
Shares withheld for taxes
9,771 shares
Withholding on RSU vesting and settlement
Withholding price
$15.25 per share
Price used for tax-withholding disposition
Shares held after transaction
153,771 shares
Direct ownership after tax withholding
Key Terms
RSUs, tax-withholding disposition, Common Stock
3 terms
RSUs financial
"Shares withheld for the payment of taxes on the vesting and settlement of RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition related to RSU vesting obligations."
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.
Common Stock financial
"Transaction involved Caris Life Sciences Common Stock held directly by the executive."
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Caris Life Sciences (CAI) report for Luke Thomas Power?
Caris Life Sciences reported that executive Luke Thomas Power had 9,771 shares of Common Stock withheld. These shares were used to pay taxes on the vesting and settlement of restricted stock units (RSUs), rather than being sold in the open market.
Was the Caris Life Sciences (CAI) insider transaction a stock sale or tax withholding?
The transaction was tax withholding, not an open-market sale. 9,771 shares were withheld at $15.25 per share to satisfy tax obligations arising from RSU vesting and settlement, according to the footnote on the Form 4 filing.
What does transaction code F mean in the Caris Life Sciences (CAI) Form 4?
Transaction code F in the Caris Life Sciences Form 4 indicates shares were used to pay an exercise price or tax liability. Here, 9,771 shares were withheld specifically to cover taxes on the vesting and settlement of RSUs granted to Luke Thomas Power.
Did the Caris Life Sciences (CAI) Form 4 show any open-market buying or selling?
The Form 4 shows only a tax-withholding disposition, not open-market trading. Shares were withheld to cover RSU tax obligations, and the transaction is described as a payment of tax liability by delivering securities, with no buy or sell codes reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
