Energy Services of America (ESOA) COO logs tax share withholding on awards
Rhea-AI Filing Summary
Energy Services of America’s Chief Operating Officer Troy Alan Taylor reported routine share activity related to equity compensation. On a tax-withholding transaction tied to a Restricted Stock Award, 498 common shares were delivered to cover tax obligations. After this, he directly holds 8,445 common shares and indirectly holds 11,067 shares through a 401(k) plan, which includes 5,009 shares from unvested Restricted Stock Awards.
Positive
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Negative
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Insider Trade Summary
Net Seller: 498 shares
Net Sell
2 txns
Insider
Taylor Troy Alan
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 498 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,445 shares (Direct);
Common Stock — 11,067 shares (Indirect, By 401(k))
Footnotes (2)
- F1. Tax settlement on Restricted Stock Award
- F2. Includes 5,009 shares from unvested Restricted Stock Awards
Key Figures
Tax-withholding shares: 498 shares
Direct holdings after transaction: 8,445 shares
Indirect 401(k) holdings after transaction: 11,067 shares
+1 more
4 metrics
Tax-withholding shares
498 shares
Shares delivered to settle tax on Restricted Stock Award
Direct holdings after transaction
8,445 shares
Common Stock directly held by COO after Form 4/A
Indirect 401(k) holdings after transaction
11,067 shares
Common Stock held indirectly via 401(k) plan
Unvested Restricted Stock Awards
5,009 shares
Included within the 11,067 indirectly held shares
Key Terms
Restricted Stock Award, tax-withholding disposition, 401(k), unvested
4 terms
Restricted Stock Award financial
"Tax settlement on 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-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.
401(k) financial
"nature_of_ownership: By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
unvested financial
"Includes 5,009 shares from unvested Restricted Stock Awards"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Energy Services of America (ESOA) report for its COO?
Energy Services of America reported that COO Troy Alan Taylor had 498 common shares withheld to settle taxes on a Restricted Stock Award. This was a tax-withholding disposition, not an open-market purchase or sale, and reflects routine handling of equity-based compensation.
What does the tax-withholding disposition code F mean in the ESOA Form 4/A?
Transaction code F indicates shares were used to pay the exercise price or tax liability on an equity award. In this case, 498 ESOA common shares were delivered to settle taxes on a Restricted Stock Award, rather than being sold on the open market for cash proceeds.
What is the significance of unvested Restricted Stock Awards in the ESOA COO’s holdings?
The filing notes that 11,067 indirectly held shares include 5,009 from unvested Restricted Stock Awards. These unvested awards represent potential future ownership, contingent on vesting conditions, and are part of the COO’s long-term equity-based compensation package with Energy Services of America.