3D Systems CFO covers taxes with 1,626 shares
3D Systems executive Phyllis B. Nordstrom, EVP, CFO and CAO, reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
3D Systems executive Phyllis B. Nordstrom, EVP, CFO and CAO, reported a routine tax-related share disposition. On April 14, she had 1,626 shares of common stock withheld at $1.98 per share to cover tax obligations tied to the vesting of a restricted stock grant originally awarded on April 14, 2023.
After this withholding, she directly holds 793,267 shares of 3D Systems common stock. This transaction reflects tax withholding on equity compensation rather than an open-market sale and leaves her with a substantial remaining equity position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,626 | $1.98 | $3K |
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were withheld to satisfy tax withholding obligations with respect to the vesting of a grant of restricted stock originally made on April 14, 2023.
Key Figures
Key Terms
restricted stock financial
tax withholding obligations financial
Form 4 regulatory
tax-withholding disposition financial
FAQ
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What insider transaction did 3D Systems (DDD) report for Phyllis B. Nordstrom?
What does the footnote in the 3D Systems (DDD) Form 4 explain about the transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.