3D Systems (DDD) EVP has shares withheld to cover taxes on restricted stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
3D Systems EVP Joseph R. Zuiker reported a routine tax-related share disposition. On the vesting of restricted stock granted on April 14, 2023, 5,327 shares of common stock were withheld at $1.98 per share to cover tax obligations. Following this withholding, Zuiker directly holds 278,051 shares of 3D Systems common stock, indicating this was a compensation and tax event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ZUIKER JOSEPH R.
Role
EVP, Engineering & Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,327 | $1.98 | $11K |
Holdings After Transaction:
Common Stock — 278,051 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 5,327 shares
Withholding price per share: $1.98 per share
Shares held after transaction: 278,051 shares
+2 more
5 metrics
Shares withheld for taxes
5,327 shares
Tax withholding on restricted stock vesting
Withholding price per share
$1.98 per share
Value used for tax-withholding disposition
Shares held after transaction
278,051 shares
Direct ownership following tax withholding
Tax-withholding transactions
1 transaction
Single F-code disposition event
Shares in tax-withholding category
5,327 shares
All disposed shares were for tax obligations
Key Terms
restricted stock, tax withholding obligations, Form 4, tax-withholding disposition
4 terms
restricted stock financial
"vesting of a grant of restricted stock originally made on April 14, 2023"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligations financial
"Shares reported were withheld to satisfy tax withholding obligations"
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.
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.
FAQ
What did 3D Systems (DDD) EVP Joseph R. Zuiker report in this Form 4?
EVP Joseph R. Zuiker reported a tax-related share withholding. 3D Systems withheld 5,327 common shares to satisfy tax obligations upon vesting of a restricted stock grant, a routine compensation event rather than an open-market trade.
Was the 3D Systems (DDD) Form 4 transaction an open-market sale by Zuiker?
No, it was not an open-market sale. The Form 4 shows a tax-withholding disposition, where 5,327 shares were retained by the company to cover taxes on restricted stock vesting, a standard administrative step in equity compensation.