3D Systems EVP has 15,984 shares withheld for tax
3D Systems EVP Reji Puthenveetil had shares withheld to cover taxes on vested restricted stock, leaving a direct holding of 486,144 shares.
Rhea-AI Filing Summary
3D SYSTEMS CORP (DDD) reported an insider tax-withholding transaction by executive officer Reji Puthenveetil, EVP, Additive Solutions & CCO. On September 8, 2026, 15,984 shares of common stock were withheld at $3.38 per share to satisfy tax withholding obligations related to the vesting of restricted stock. After this withholding, Puthenveetil directly held 486,144 common shares. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 15,984 shares
Tax Withholding
1 txn
Insider
Puthenveetil Reji
Role
EVP, Additive Solutions & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 15,984 | $3.38 | $54K |
Holdings After Transaction:
Common Stock — 486,144 shares (Direct)
Footnotes (1)
- F1. Shares reported were withheld to satisfy tax withholding obligations with respect to the vesting of a grant of restricted stock originally made on September 5, 2024.
Key Figures
Shares withheld for tax: 15,984 shares
Tax withholding price: $3.38 per share
Shares held after transaction: 486,144 shares
+1 more
4 metrics
Shares withheld for tax
15,984 shares
Common stock withheld on September 8, 2026 to satisfy tax obligations
Tax withholding price
$3.38 per share
Value used for the September 8, 2026 withholding transaction
Shares held after transaction
486,144 shares
Direct common stock holdings of Reji Puthenveetil following the transaction
Original restricted stock grant date
September 5, 2024
Date of restricted stock grant whose vesting triggered tax withholding
Key Terms
restricted stock, tax withholding obligations, Rule 10b5-1 trading plan
3 terms
restricted stock financial
"with respect to the vesting of a grant of restricted stock originally made"
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"
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transaction did 3D Systems (DDD) report for Reji Puthenveetil?
3D Systems reported that EVP Reji Puthenveetil had 15,984 shares of common stock withheld on September 8, 2026 to satisfy tax withholding obligations arising from the vesting of a restricted stock grant.
Was the DDD insider transaction a market sale or a tax withholding?
The transaction was a tax withholding, not an open market sale. 15,984 shares were withheld to pay tax liabilities related to the vesting of restricted stock originally granted on September 5, 2024.
Was the DDD insider transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so this tax-withholding transaction was not reported as being made under a 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.