DocGo (DCGO) CEO sees 15,644 RSU shares withheld for tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DocGo Inc. director and Chief Executive Officer Lee Bienstock reported a routine tax-related share disposition. On May 12, 2026, 15,644 shares of Common Stock were withheld at $0.59 per share to satisfy his tax liability arising from restricted stock units (RSUs).
Following this tax-withholding disposition, Bienstock directly held 2,801,826 shares of Common Stock. Footnotes state that his equity compensation also includes multiple RSU grants under the 2021 Stock Incentive Plan, scheduled to vest in annual installments between December 12, 2025 and December 12, 2028, each RSU delivering one share upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bienstock Lee
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 15,644 | $0.59 | $9K |
Holdings After Transaction:
Common Stock — 2,801,826 shares (Direct, null)
Footnotes (1)
- The reported transaction reflects the withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability. The RSUs were granted to the Reporting Person on May 12, 2023 pursuant to the Issuer's 2021 Stock Incentive Plan (the "Plan"). This amount reflects: (i) 402,745 RSUs granted pursuant to the Plan that will vest in three equal annual installments on each of December 12, 2026, December 12, 2027 and December 12, 2028; (ii) 30,487 RSUs granted pursuant to the Plan that will vest on May 12, 2027; (iii) 570,402 RSUs granted pursuant to the Plan that will vest in two equal annual installments on each of December 12, 2026 and December 12, 2027; and (iv) 1,113,495 RSUs that will vest in four equal annual installments on each of the first four anniversaries of December 12, 2025. Each RSU represents the right to receive, upon vesting, one share of Common Stock, subject to the terms of the Plan.
Key Figures
Tax-withheld shares: 15,644 shares
Withholding price: $0.59 per share
Shares held after transaction: 2,801,826 shares
+4 more
7 metrics
Tax-withheld shares
15,644 shares
Withheld on May 12, 2026 to satisfy tax liability
Withholding price
$0.59 per share
Value used for tax-withholding disposition
Shares held after transaction
2,801,826 shares
Common Stock directly owned by CEO after withholding
RSU grant (three installments)
402,745 RSUs
Vest in three equal annual installments from Dec 12, 2026 to Dec 12, 2028
Single-vest RSU grant
30,487 RSUs
Vest on May 12, 2027 under 2021 Stock Incentive Plan
RSU grant (two installments)
570,402 RSUs
Vest in two equal annual installments on Dec 12, 2026 and Dec 12, 2027
Four-year RSU grant
1,113,495 RSUs
Vest in four equal annual installments from Dec 12, 2025
Key Terms
restricted stock units ("RSUs"), 2021 Stock Incentive Plan, tax liability, vest, +1 more
5 terms
restricted stock units ("RSUs") financial
"The reported transaction reflects the withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2021 Stock Incentive Plan financial
"The RSUs were granted to the Reporting Person on May 12, 2023 pursuant to the Issuer's 2021 Stock Incentive Plan (the "Plan")."
tax liability financial
"The reported transaction reflects the withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability."
vest financial
"RSUs granted pursuant to the Plan that will vest in three equal annual installments on each of December 12, 2026, December 12, 2027 and December 12, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"Each RSU represents the right to receive, upon vesting, one share of Common Stock, subject to the terms of the Plan."
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
What insider transaction did DocGo (DCGO) report for CEO Lee Bienstock?
DocGo reported a tax-withholding disposition by CEO Lee Bienstock. On May 12, 2026, 15,644 Common Stock shares were withheld at $0.59 per share to cover taxes from vesting RSUs granted under the company’s 2021 Stock Incentive Plan.
Was the DocGo (DCGO) CEO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld to satisfy Lee Bienstock’s tax liability related to RSUs vesting under DocGo’s 2021 Stock Incentive Plan, a common mechanism for equity-based compensation.
What RSU awards does the DocGo (DCGO) CEO have outstanding?
The CEO holds several RSU grants: 402,745 RSUs vesting in three annual installments from December 12, 2026, 30,487 RSUs vesting May 12, 2027, 570,402 RSUs vesting in two installments from December 12, 2026, and 1,113,495 RSUs vesting over four years from December 12, 2025.
How do DocGo (DCGO) RSUs convert into Common Stock for the CEO?
Each RSU granted to the CEO under DocGo’s 2021 Stock Incentive Plan represents the right to receive one share of Common Stock upon vesting. Actual share delivery is subject to the plan’s terms, including applicable tax withholding when the RSUs vest.