Euronet (NASDAQ: EEFT) director receives 4,286-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Euronet Worldwide director Paul Althasen reported routine equity compensation activity. He received 4,286 shares of common stock as a stock award under the Euronet Worldwide, Inc. 2006 Stock Incentive Plan, with the award vesting immediately at grant.
To cover related tax withholding obligations on the vested restricted stock, 1,286 shares were surrendered back to Euronet at a value of $66.50 per share. After these transactions, Althasen holds 62,840 shares of Euronet Worldwide common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ALTHASEN PAUL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.02 per share | 4,286 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.02 per share | 1,286 | $66.50 | $86K |
Holdings After Transaction:
Common Stock, par value $0.02 per share — 62,840 shares (Direct, null)
Footnotes (1)
- The common shares were acquired pursuant to a grant of common stock under the Euronet Worldwide, Inc. 2006 Stock Incentive Plan. The stock award vested immediately at the time of grant. Represents shares surrendered to Euronet Worldwide, Inc. by the Reporting Person to satisfy tax withholding liability obligations associated with the vesting of the restricted stock.
Key Figures
Shares granted: 4,286 shares
Shares surrendered for tax: 1,286 shares
Tax withholding share value: $66.50 per share
+1 more
4 metrics
Shares granted
4,286 shares
Stock award under 2006 Stock Incentive Plan, vested immediately
Shares surrendered for tax
1,286 shares
Surrendered to Euronet to satisfy tax withholding on vesting
Tax withholding share value
$66.50 per share
Value for 1,286 shares surrendered for tax obligations
Holdings after transactions
62,840 shares
Common stock directly owned by Paul Althasen after Form 4
Key Terms
tax withholding liability, restricted stock, Stock Incentive Plan, grant of common stock
4 terms
tax withholding liability financial
"satisfy tax withholding liability obligations associated with the vesting"
restricted stock financial
"associated with the vesting of the restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Incentive Plan financial
"under the Euronet Worldwide, Inc. 2006 Stock Incentive Plan"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
grant of common stock financial
"acquired pursuant to a grant of common stock under the"
FAQ
What insider transactions did Euronet (EEFT) director Paul Althasen report?
Paul Althasen reported an equity award and related tax withholding. He received 4,286 shares of Euronet common stock as a stock grant and surrendered 1,286 shares back to the company to cover tax obligations tied to the vesting.
Was the Euronet (EEFT) insider transaction a market sale or a tax withholding?
The disposition involved tax withholding, not an open-market sale. Althasen surrendered 1,286 shares back to Euronet to satisfy tax liability from the immediate vesting of a restricted stock award, at a value of $66.50 per share.
What equity award did Euronet (EEFT) grant to director Paul Althasen?
Euronet granted Paul Althasen 4,286 shares of common stock under its 2006 Stock Incentive Plan. According to the filing, the stock award vested immediately at the time of grant, triggering associated tax withholding obligations settled in shares.