Everforth (EFOR) director’s RSU vesting leads to 386-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Everforth Inc director Jonathan S. Holman reported a small tax-related share disposition. On the vesting of restricted stock units, the company withheld 386 shares of common stock at $20.20 per share to cover his tax obligations. After this withholding, he directly holds 15,507 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HOLMAN JONATHAN S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 386 | $20.20 | $8K |
Holdings After Transaction:
Common Stock — 15,507 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 386 shares
Withholding price: $20.20 per share
Shares held after transaction: 15,507 shares
+1 more
4 metrics
Shares withheld for taxes
386 shares
Tax withholding on RSU vesting
Withholding price
$20.20 per share
Value applied to withheld RSU shares
Shares held after transaction
15,507 shares
Director’s direct holdings post-withholding
Tax withholding transactions
1 transaction, 386 shares
Summary of withholding activity on Form 4
Key Terms
restricted stock units ("RSUs"), tax withholding obligations, Form 4
3 terms
restricted stock units ("RSUs") financial
"The director's tax withholding obligations upon vesting of restricted stock units ("RSUs") were satisfied..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"The director's tax withholding obligations upon vesting of restricted stock units ("RSUs") were satisfied..."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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 did Everforth Inc (EFOR) director Jonathan Holman report on this Form 4?
Jonathan Holman reported a small tax-related disposition of Everforth Inc common stock. The company withheld 386 vested shares to satisfy his tax obligations upon RSU vesting, rather than him selling shares in the open market.
Was this Everforth (EFOR) Form 4 an open-market sale by Jonathan Holman?
No, this Form 4 does not show an open-market sale. Instead, Everforth Inc withheld 386 vested shares to pay Jonathan Holman’s tax liability from restricted stock unit vesting, a routine administrative transaction rather than a discretionary stock sale.