Definitive Healthcare (DH) CEO has RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Definitive Healthcare Corp. CEO Kevin Coop had 37,593 shares of Class A Common Stock withheld on April 1 to cover tax obligations tied to vesting RSUs. This was a tax-withholding disposition, not an open-market sale. After this event, he directly holds 5,078,872 shares.
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 | 37,593 | $1.09 | $41K |
Holdings After Transaction:
Class A Common Stock — 5,078,872 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 37,593 shares
Reference price per share: $1.09 per share
Shares held after transaction: 5,078,872 shares
3 metrics
Shares withheld for taxes
37,593 shares
Tax-withholding disposition on April 1 for RSU vesting
Reference price per share
$1.09 per share
Value used for tax-withholding disposition of shares
Shares held after transaction
5,078,872 shares
Direct holdings of CEO Kevin Coop following tax withholding
Key Terms
RSUs, tax withholding obligations, vesting and settlement, tax-withholding disposition
4 terms
RSUs financial
"in connection with the vesting and settlement of previously reported RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligations financial
"withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations"
vesting and settlement financial
"in connection with the vesting and settlement of previously reported RSUs"
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 insider transaction did Definitive Healthcare (DH) report for Kevin Coop?
Definitive Healthcare reported a tax-withholding disposition by CEO Kevin Coop. The company withheld 37,593 Class A shares to satisfy his tax obligations arising from vesting RSUs, rather than executing an open-market sale, leaving his core share ownership largely unchanged.
What does transaction code F mean in the Definitive Healthcare (DH) Form 4?
Transaction code F indicates a tax-related disposition where shares are delivered to the issuer to pay an exercise price or tax liability. In this case, it reflects shares withheld to cover CEO Kevin Coop’s tax obligations from the vesting of previously reported restricted stock units.