3D Systems SVP has 5,818 shares withheld for tax
3D Systems’ SVP and General Counsel had shares withheld to cover taxes on vesting restricted stock, leaving him with over 136,000 directly held shares.
Rhea-AI Filing Summary
3D SYSTEMS CORP (DDD) reported that officer Andrew William Banasick Wright, SVP, GC & Secretary, had 5,818 shares of common stock disposed of on September 8, 2026, at $3.38 per share to satisfy tax withholding obligations on vesting restricted stock. Following this withholding transaction, he directly holds 136,963 shares of 3D Systems common stock. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 5,818 shares
Tax Withholding
1 txn
Insider
WRIGHT ANDREW WILLIAM BANASICK
Role
SVP, GC & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 5,818 | $3.38 | $20K |
Holdings After Transaction:
Common Stock — 136,963 shares (Direct)
Footnotes (1)
- F1. Shares reported were withheld to satisfy tax withholding obligations with respect to vestings of grants of restricted stock originally made on September 5, 2024.
Key Figures
Shares disposed for tax withholding: 5,818 shares
Per-share value in transaction: $3.38 per share
Shares held after transaction: 136,963 shares
+2 more
5 metrics
Shares disposed for tax withholding
5,818 shares
Common stock withheld on September 8, 2026 for tax obligations
Per-share value in transaction
$3.38 per share
Value used for the 5,818-share tax-withholding disposition
Shares held after transaction
136,963 shares
Directly owned common shares by the officer following the transaction
Transaction code
Code F
Payment of tax liability by delivering or withholding securities
Restricted stock grant date
September 5, 2024
Original grant date of restricted stock that vested and triggered tax withholding
Key Terms
restricted stock, tax withholding obligations, Rule 10b5-1
3 terms
restricted stock financial
"with respect to vestings of grants of restricted stock originally made"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 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did 3D Systems (DDD) report in this Form 4?
3D Systems reported that officer Andrew William Banasick Wright had 5,818 shares of common stock disposed of on September 8, 2026 to satisfy tax withholding obligations related to vesting restricted stock.
Was the 3D Systems (DDD) insider transaction made under a Rule 10b5-1 plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so this tax-withholding disposition is reported as not pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.