VAALCO CFO has shares withheld for stock taxes
VAALCO Energy Chief Financial Officer Ronald Y. Bain reported routine tax-related share dispositions tied to restricted stock vesting.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
VAALCO Energy Chief Financial Officer Ronald Y. Bain reported routine tax-related share dispositions tied to restricted stock vesting. On these transactions, a total of 14,579 shares of common stock were withheld at $5.53 per share to satisfy tax withholding obligations. After the transactions, he directly holds 432,428 shares of VAALCO Energy common stock. These dispositions were not open-market sales but automatic withholdings for taxes.
Insider Trade Summary
Exercise Price or Tax Liability: 14,579 shares
Exercise Price or Tax Liability
2 txns
Insider
Bain Ronald Y
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,612 | $5.53 | $48K |
| Exercise Price or Tax Liability | Common Stock | 5,967 | $5.53 | $33K |
Holdings After Transaction:
Common Stock — 432,428 shares (Direct)
Footnotes (1)
- F1. Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.
Key Figures
Tax-withholding shares: 14,579 shares
First tax-withholding lot: 5,967 shares
Second tax-withholding lot: 8,612 shares
+2 more
5 metrics
Tax-withholding shares
14,579 shares
Total common shares withheld for tax obligations
First tax-withholding lot
5,967 shares
Common stock withheld at $5.53 per share
Second tax-withholding lot
8,612 shares
Common stock withheld at $5.53 per share
Reference price per share
$5.53 per share
Value used for tax-withholding dispositions
Shares held after transactions
438,395 shares
CFO’s direct common stock ownership after tax withholding
Key Terms
restricted stock, tax withholding obligations, Common Stock, tax-withholding disposition, +1 more
5 terms
restricted stock financial
"Shares withheld to satisfy tax withholding obligations upon vesting of 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.
tax withholding obligations financial
"Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock."
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
transaction code "F" financial
"transaction_code": "F""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did VAALCO Energy (EGY) disclose for CFO Ronald Bain?
VAALCO Energy disclosed that CFO Ronald Y. Bain had shares withheld to cover taxes on restricted stock vesting. Two dispositions totaling 14,579 common shares were recorded as tax-withholding events, not open-market sales, at a reported price of $5.53 per share.
Were the VAALCO Energy (EGY) CFO transactions open-market sales?
No, the CFO’s transactions were not open-market sales. They were coded as “F” transactions, meaning shares were withheld to pay tax liabilities upon restricted stock vesting, a routine administrative event rather than discretionary buying or selling in the market.
What does transaction code "F" mean in the VAALCO Energy (EGY) insider report?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this VAALCO Energy report, it means shares of common stock were withheld from the CFO’s vested restricted stock to meet tax obligations, rather than sold on the open market.
How many tax-withholding transactions did the VAALCO Energy (EGY) CFO report?
The CFO reported two tax-withholding transactions. Both involved common stock on the same date and are classified as disposals for tax obligations, with no corresponding open-market purchases or sales reported in this disclosure for VAALCO Energy shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
