CVGI (NASDAQ: CVGI) HR chief has 11,801 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Commercial Vehicle Group Chief HR Officer Kristin S. Mathers reported a tax-related share withholding tied to restricted stock vesting. The company withheld 11,801 shares of common stock at $3.39 per share to cover taxes on the vesting of 28,679 shares.
After this transaction, Mathers directly holds 143,893 shares of Commercial Vehicle Group common stock. This withholding is an administrative step to satisfy tax obligations on equity compensation, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mathers Kristin S
Role
Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value | 11,801 | $3.39 | $40K |
Holdings After Transaction:
Common Stock, $0.01 par value — 143,893 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 11,801 shares
Tax withholding price: $3.39 per share
Shares vested: 28,679 shares
+1 more
4 metrics
Shares withheld for taxes
11,801 shares
Withheld to cover taxes on vesting
Tax withholding price
$3.39 per share
Value used for withheld shares
Shares vested
28,679 shares
Restricted shares vesting that triggered taxes
Shares owned after transaction
143,893 shares
Direct holdings after withholding
Key Terms
tax-withholding disposition, vesting, Common Stock, $0.01 par value, Form 4
4 terms
tax-withholding disposition financial
"transaction_action":"tax-withholding disposition""
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.
vesting financial
"to cover taxes relating to the vesting of 28,679 shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock, $0.01 par value financial
"security_title":"Common Stock, $0.01 par value""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.