DHI Group (NYSE: DHX) CLO has shares withheld to cover tax obligations
Rhea-AI Filing Summary
Edward Jack Connolly, Chief Legal Officer of DHI Group, reported a tax-related disposition of company stock. On July 25, 2026, 1,372 shares of common stock were disposed of at $3.85 per share through withholding by the issuer to satisfy tax obligations upon the vesting of a restricted stock award. After this tax-withholding disposition, Connolly directly holds 132,049 shares of DHI Group common stock. The report indicates the transaction was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,372 shares
Net Sell
1 txn
Insider
Connolly Edward Jack
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,372 | $3.85 | $5K |
Holdings After Transaction:
Common Stock — 132,049 shares (Direct)
Footnotes (1)
- F1. Reflects the withholding of shares by the Issuer to satisfy tax obligations upon the vesting of a restricted stock award.
Key Figures
Shares withheld for taxes: 1,372 shares
Tax withholding value per share: $3.85 per share
Shares owned after transaction: 132,049 shares
3 metrics
Shares withheld for taxes
1,372 shares
Common stock withheld on July 25, 2026 to satisfy tax obligations
Tax withholding value per share
$3.85 per share
Value used for the tax-withholding disposition on July 25, 2026
Shares owned after transaction
132,049 shares
Direct DHI Group common stock holdings following the reported transaction
Key Terms
restricted stock award, withholding of shares, tax obligations
3 terms
restricted stock award financial
"tax obligations upon the vesting of a restricted stock award."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
tax obligations financial
"to satisfy tax obligations upon the vesting of a restricted stock award."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did DHI Group (DHX) report for Edward Jack Connolly?
DHI Group’s Chief Legal Officer Edward Jack Connolly reported a tax-withholding disposition of common stock. 1,372 shares were withheld by the issuer to satisfy tax obligations triggered by a vesting restricted stock award on July 25, 2026.
Was the DHI Group (DHX) insider transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox was not selected, meaning the reported tax-withholding disposition was not designated as executed under a pre-arranged Rule 10b5-1 trading plan.
Did the DHI Group (DHX) Form 4 report an open-market sale by Edward Jack Connolly?
No. The transaction was a withholding of shares by the issuer to satisfy tax obligations on a vesting restricted stock award, rather than an open-market sale initiated by Connolly.