ESOA president reports tax withholding in Form 4
Energy Services of America President Troy Alan Taylor reported routine share movements related to compensation, not open-market trading.
Rhea-AI Filing Summary
Energy Services of America President Troy Alan Taylor reported routine share movements related to compensation, not open-market trading. A total of 498 shares of common stock were disposed of as a tax settlement on a restricted stock award, using shares to cover tax obligations rather than cash.
After this tax-withholding disposition, Taylor directly holds 8,445 shares of common stock, which includes 5,009 shares from unvested restricted stock awards. He also indirectly holds 11,067 shares through a 401(k) plan. The filing reflects standard equity compensation and tax handling for an executive officer.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 498 shares
Exercise Price or Tax Liability
2 txns
Insider
Taylor Troy Alan
Role
President
| 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: 11,067 shares
+2 more
5 metrics
Tax-withholding shares
498 shares
Common stock used to settle tax liability on restricted stock award
Direct holdings after transaction
8,445 shares
Common stock directly owned following tax-withholding disposition
Indirect 401(k) holdings
11,067 shares
Common stock held indirectly through 401(k) plan
Unvested restricted shares
5,009 shares
Included within reported holdings as unvested Restricted Stock Awards
Tax-withholding price per share
$0.0000 per share
Reported price for 498-share tax settlement disposition
Key Terms
Restricted Stock Award, tax-withholding disposition, Common Stock, 401(k), +1 more
5 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 for 498 shares"
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.
Common Stock financial
"security_title: Common Stock for both reported entries"
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.
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 Restricted Stock Awards financial
"Includes 5,009 shares from unvested Restricted Stock Awards"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ESOA President Troy Alan Taylor report in this Form 4?
Troy Alan Taylor reported a tax-related share disposition and updated holdings. The filing shows 498 common shares used to settle taxes on a restricted stock award, plus updated direct and 401(k) holdings in Energy Services of America stock.
Were any of Troy Alan Taylor’s ESOA transactions open-market sales or purchases?
No open-market buys or sells are reported in this filing. The only share movement is a tax-withholding disposition of 498 shares for a restricted stock award, which is a routine compensation-related event rather than a discretionary market trade.
What does the note about 5,009 unvested Restricted Stock Awards mean for ESOA’s President?
The footnote states that 5,009 shares in Troy Alan Taylor’s holdings come from unvested restricted stock awards. These shares represent equity compensation that is still subject to vesting conditions, aligning part of his future compensation with Energy Services of America’s performance.
How are Troy Alan Taylor’s indirect ESOA holdings structured in this Form 4?
The filing shows 11,067 ESOA common shares held indirectly through a 401(k) plan. This indicates a retirement-account position rather than directly held brokerage shares, and is separate from his directly owned and restricted stock award shares reported in the same form.
AI-generated analysis. How Rhea-AI works. Not financial advice.
