Capstone CEO covers taxes with share withholding
Capstone Green Energy Holdings, Inc. President & CEO Vincent J. Canino reported a routine tax-withholding share disposition.
Rhea-AI Filing Summary
Capstone Green Energy Holdings, Inc. President & CEO Vincent J. Canino reported a routine tax-withholding share disposition. On the vesting and settlement of restricted stock units awarded on April 3, 2025, 5,874 shares of voting common stock were withheld at $5.93 per share to cover his tax liability. After this non-market transaction, he directly holds 482,459 shares of voting common stock, including substantial unvested restricted stock unit awards and 75,000 shares previously purchased in a private offering.
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Insider Trade Summary
Exercise Price or Tax Liability: 5,874 shares
Exercise Price or Tax Liability
2 txns
Insider
Canino Vincent J.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Voting Common Stock | 5,874 | $5.93 | $35K |
| holding | Voting Common Stock | -- | -- | -- |
Holdings After Transaction:
Voting Common Stock — 970,792 shares (Direct)
Footnotes (2)
- F1. Includes 300,000 shares of voting common stock underlying restricted stock units that vest in equal annual installments on March 11, 2026, and March 11, 2027, respectively, 16,667 shares of voting common stock underlying restricted stock units that vest in equal annual installments on September 9, 2026, and September 9, 2027, respectively, 49,250 shares of voting common stock underlying restricted stock units that vest in three equal annual installments commencing on April 3, 2026 and 75,000 shares of voting common stock purchased in the Issuer private offering.
- F2. Reflects the deemed disposition of shares of voting common stock to cover the Reporting Person's tax liability in connection with the vesting and settlement of the restricted stock units awarded on April 3, 2025..
Key Figures
Tax-withholding shares: 5,874 shares
Withholding price: $5.93 per share
Shares held after transaction: 482,459 shares
+4 more
7 metrics
Tax-withholding shares
5,874 shares
Voting common stock withheld for taxes on April 3, 2025 RSU vesting
Withholding price
$5.93 per share
Value used for tax-withholding disposition
Shares held after transaction
482,459 shares
Direct voting common stock holdings following tax-withholding event
RSUs vesting 2026-2027
300,000 shares
Voting common stock underlying RSUs vesting March 11, 2026 and March 11, 2027
Additional RSUs vesting 2026-2027
16,667 shares
Voting common stock underlying RSUs vesting September 9, 2026 and September 9, 2027
RSUs vesting from April 3, 2026
49,250 shares
Voting common stock underlying RSUs vesting in three equal annual installments
Private offering shares
75,000 shares
Voting common stock purchased in issuer private offering
Key Terms
restricted stock units, tax liability, private offering, voting common stock
4 terms
restricted stock units financial
"Includes 300,000 shares of voting common stock underlying restricted stock units that vest in equal annual installments..."
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 liability financial
"Reflects the deemed disposition of shares of voting common stock to cover the Reporting Person's tax liability in connection with the vesting..."
private offering financial
"75,000 shares of voting common stock purchased in the Issuer private offering."
A private offering is the sale of securities—such as shares or bonds—directly to a limited group of investors rather than through public markets or a broad auction. It matters to investors because it changes who owns the company and how much cash the business has available, which can dilute existing shareholders, affect share liquidity and price discovery, and signal strategic moves or funding needs; think of it as selling a batch of goods to a few trusted customers instead of opening a shop to everyone.
voting common stock financial
"Includes 300,000 shares of voting common stock underlying restricted stock units that vest in equal annual installments..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CGEH President & CEO Vincent Canino report?
Vincent Canino reported a tax-withholding disposition of 5,874 Capstone Green Energy voting common shares. The shares were withheld to satisfy tax obligations from restricted stock unit vesting, rather than sold in the open market, making this a routine administrative transaction.
Was Vincent Canino’s CGEH transaction an open-market sale or tax withholding?
The transaction was a tax-withholding disposition, not an open-market sale. Shares of Capstone Green Energy were deemed disposed to cover Canino’s tax liability arising from restricted stock unit vesting and settlement, which is a standard mechanism in equity compensation plans.
What restricted stock units does CGEH CEO Vincent Canino currently have outstanding?
Canino’s holdings include 300,000 shares underlying RSUs vesting in 2026 and 2027, 16,667 shares underlying RSUs vesting in 2026 and 2027, and 49,250 shares underlying RSUs vesting in three annual installments starting April 3, 2026, supporting ongoing equity-based compensation alignment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
