Tax-withholding share transfer by Definitive Healthcare (DH) CEO Coop
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Definitive Healthcare Corp. reported that Chief Executive Officer Kevin Coop had 175,524 shares of Class A common stock withheld by the company at $1.28 per share. These shares were retained by the issuer to cover Coop's tax withholding obligations tied to the vesting and settlement of previously reported restricted stock units, rather than being sold in an open-market transaction. After this tax-withholding disposition, Coop directly holds 5,116,465 shares of Definitive Healthcare common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coop Kevin
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 175,524 | $1.28 | $225K |
Holdings After Transaction:
Class A Common Stock — 5,116,465 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Definitive Healthcare (DH) report for CEO Kevin Coop?
Definitive Healthcare reported a tax-withholding disposition for CEO Kevin Coop. The company withheld 175,524 Class A shares to satisfy his tax obligations upon vesting of previously reported RSUs, rather than executing an open-market sale.
Does Kevin Coop still hold a significant stake in Definitive Healthcare (DH) after this Form 4?
Yes, Kevin Coop continues to directly hold a large stake in Definitive Healthcare. After the tax-withholding disposition of 175,524 shares, he directly owns 5,116,465 shares of the company’s Class A common stock according to the Form 4 filing.
Was the Definitive Healthcare (DH) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The shares were withheld by Definitive Healthcare to satisfy Kevin Coop’s tax withholding obligations upon vesting and settlement of previously reported restricted stock units, a common administrative mechanism.
What does transaction code F mean in Definitive Healthcare CEO Kevin Coop’s Form 4?
Transaction code F indicates a tax-related share disposition. In this case, Definitive Healthcare withheld shares from Kevin Coop to pay tax liabilities arising from the vesting and settlement of previously reported restricted stock units, rather than him selling shares on the market.