Definitive Healthcare (DH) CEO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Definitive Healthcare Corp. CEO Kevin Coop reported a tax-related share disposition tied to vested restricted stock units. On this Form 4, the issuer withheld 37,593 shares of Class A common stock at $0.80 per share to cover Coop’s tax withholding obligations upon RSU settlement. This was not an open-market sale, and after the withholding, Coop directly owns 4,975,229 shares of Class A 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 | 37,593 | $0.80 | $30K |
Holdings After Transaction:
Class A Common Stock — 4,975,229 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 37,593 shares
Withholding price per share: $0.80 per share
Shares held after transaction: 4,975,229 shares
+1 more
4 metrics
Shares withheld for taxes
37,593 shares
Class A Common Stock withheld for tax obligations on RSU vesting
Withholding price per share
$0.80 per share
Value used for tax-withholding disposition of 37,593 shares
Shares held after transaction
4,975,229 shares
Class A Common Stock directly owned by Kevin Coop after withholding
Tax-withholding transactions
1 transaction
Form 4 shows one F-code tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock, Form 4, +1 more
5 terms
restricted stock units financial
"in connection with the vesting and settlement of previously reported RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations"
Class A Common Stock financial
"The transaction reported represents the withholding of shares by the issuer"
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 transaction reported represents the withholding of shares by the issuer"
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.
Payment of exercise price or tax liability by delivering securities regulatory
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transaction did Definitive Healthcare (DH) report for Kevin Coop?
Definitive Healthcare reported that CEO Kevin Coop had 37,593 Class A shares withheld by the company at $0.80 per share. The withholding covered tax obligations from vesting restricted stock units, rather than representing an open-market sale of stock.
Was Kevin Coop’s recent Definitive Healthcare (DH) Form 4 a stock sale?
The filing shows a tax-withholding disposition, not an open-market sale. Definitive Healthcare withheld 37,593 shares from Kevin Coop to satisfy tax obligations on vested RSUs, meaning the shares were retained by the issuer instead of being sold in the market.
What does transaction code "F" mean on Kevin Coop’s Definitive Healthcare Form 4?
Transaction code "F" indicates payment of tax liability or exercise price by delivering securities. In this case, Definitive Healthcare withheld 37,593 shares from Kevin Coop to cover taxes due on the vesting and settlement of previously reported restricted stock units.
Did Kevin Coop exercise any options or derivatives in this Definitive Healthcare (DH) filing?
No derivative exercises are shown in this Form 4. The filing only reports an F-code transaction where 37,593 Class A shares were withheld to satisfy Kevin Coop’s tax obligations from vesting and settlement of restricted stock units previously disclosed.