Definitive Healthcare (DH) CEO sees 66,050 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Definitive Healthcare Corp. reported that CEO Kevin Coop had shares withheld to cover taxes tied to restricted stock units vesting. The Form 4 shows a tax-withholding disposition of 66,050 shares of Class A Common Stock at $0.99 per share, with no open-market trade. After this transaction, Coop is reported as directly owning 5,012,822 Class A shares, so the withheld amount is a small portion of his overall holdings and reflects a compensation-related event rather than a discretionary stock sale.
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 | 66,050 | $0.99 | $65K |
Holdings After Transaction:
Class A Common Stock — 5,012,822 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 66,050 shares
Withholding price per share: $0.99 per share
Shares held after transaction: 5,012,822 shares
3 metrics
Shares withheld for taxes
66,050 shares
Tax-withholding disposition on Class A Common Stock
Withholding price per share
$0.99 per share
Value used for tax-withholding transaction
Shares held after transaction
5,012,822 shares
Class A Common Stock directly owned by CEO after Form 4
Key Terms
tax withholding, RSUs, Class A Common Stock, Form 4
4 terms
tax withholding financial
"to satisfy the reporting person's tax withholding obligations in connection with the vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
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.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"The Form 4 shows a tax-withholding disposition of 66,050 shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Definitive Healthcare (DH) report for Kevin Coop?
Definitive Healthcare reported a tax-withholding disposition for CEO Kevin Coop. The company withheld 66,050 Class A shares at $0.99 each to satisfy taxes from vesting RSUs, rather than an open-market purchase or sale.
Was the Definitive Healthcare (DH) CEO’s Form 4 transaction a market sale?
The transaction was not an open-market sale. It reflects 66,050 shares of Class A Common Stock withheld by Definitive Healthcare at $0.99 per share to cover CEO Kevin Coop’s tax obligations on vesting RSUs.
What does the F code mean in the Definitive Healthcare (DH) Form 4 filing?
The F code in this Form 4 indicates a tax-withholding disposition. Definitive Healthcare withheld 66,050 shares from CEO Kevin Coop, at $0.99 per share, to pay taxes due when previously reported RSUs vested and settled.
How are RSUs involved in the Definitive Healthcare (DH) CEO’s Form 4 filing?
The footnote explains that the withheld shares relate to vesting and settlement of previously reported RSUs. When these RSUs vested, Definitive Healthcare retained 66,050 shares at $0.99 each to satisfy CEO Kevin Coop’s tax withholding obligations.