Corsair CEO has shares withheld for RSU taxes
Corsair Gaming, Inc. Chief Executive Officer La Thi L reported two tax-related share dispositions tied to restricted stock units.
Rhea-AI Filing Summary
Corsair Gaming, Inc. Chief Executive Officer La Thi L reported two tax-related share dispositions tied to restricted stock units. On February 15 and 16, shares of common stock were withheld by the company at $6.79 per share, totaling 3,603 shares, to cover RSU tax obligations. After these withholdings, she directly owned 475,253 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 3,603 shares
Exercise Price or Tax Liability
2 txns
Insider
La Thi L
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,528 | $6.79 | $10K |
| Exercise Price or Tax Liability | Common Stock | 2,075 | $6.79 | $14K |
Holdings After Transaction:
Common Stock — 475,253 shares (Direct)
Footnotes (1)
- F1. The shares reported as disposed of in this Form 4 were withheld by the Issuer in accordance with the agreement governing the restricted stock units ("RSUs") to satisfy tax obligations of the Reporting Person resulting from the vesting and settlement of RSUs.
FAQ
What insider transactions did Corsair Gaming (CRSR) report for La Thi L?
Corsair Gaming reported two insider transactions for CEO La Thi L, where a total of 3,603 common shares were disposed of. These shares were withheld by the issuer to satisfy tax obligations from vesting restricted stock units under existing RSU agreements.
Were the Corsair Gaming (CRSR) insider transactions open-market sales?
No, the transactions were not open-market sales. The shares were withheld by Corsair Gaming to cover tax obligations from vesting restricted stock units, as allowed under the RSU agreements, rather than being sold at the executive’s discretion in the market.
What does transaction code F mean in Corsair Gaming (CRSR) Form 4?
Transaction code F indicates shares were disposed of to pay an exercise price or tax liability by delivering securities. In this case, Corsair Gaming withheld common shares from the CEO’s RSU vesting to satisfy tax obligations rather than executing a market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.