EVI exec has 2,010 shares withheld for tax
EVI’s EVP of Business Development had shares withheld for tax on RSU vesting, with sizable direct and trust holdings reported afterward.
Rhea-AI Filing Summary
EVI INDUSTRIES, INC. (EVI) reported that executive vice president of Business Development Thomas Marks had 2,010 shares of common stock withheld on September 11, 2026 to satisfy tax withholding tied to vesting of restricted stock units, at the $15.90 closing price.
After this tax-withholding transaction, Marks held 126,638 shares directly and 1,022,495 shares indirectly through family and children's trusts. No transactions were reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 2,010 shares
Tax Withholding
2 txns
Insider
Marks Thomas
Role
EVP, Business Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.025 par value per share F1, F2 | 2,010 | $15.90 | $32K |
| holding | Common Stock, $0.025 par value per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.025 par value per share — 126,638 shares (Direct);
Common Stock, $0.025 par value per share — 1,022,495 shares (Indirect, By family and childrens' trusts)
Footnotes (2)
- F1. Represents shares of the issuer's common stock withheld by the issuer to satisfy the issuer's tax withholding obligation relating to the vesting of certain restricted stock units previously granted to Thomas Marks.
- F2. Represents the closing price of the issuer's common stock on September 11, 2026.
Key Figures
Shares withheld for tax: 2,010 shares
Valuation price per share: $15.90 per share
Direct holdings after transaction: 126,638 shares
+1 more
4 metrics
Shares withheld for tax
2,010 shares
Common stock withheld on September 11, 2026 to satisfy tax withholding for RSU vesting
Valuation price per share
$15.90 per share
Closing price of EVI common stock on September 11, 2026 used for the withholding
Direct holdings after transaction
126,638 shares
EVI common stock held directly by Thomas Marks following the September 11, 2026 event
Indirect holdings after transaction
1,022,495 shares
EVI common stock held indirectly by family and children’s trusts
Key Terms
restricted stock units, tax withholding obligation, closing price, indirect
4 terms
restricted stock units financial
"relating to the vesting of certain restricted stock units previously granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"withheld by the issuer to satisfy the issuer's tax withholding obligation"
closing price financial
"Represents the closing price of the issuer's common stock on September 11, 2026"
indirect financial
"indirect ownership noted as By family and childrens' trusts"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EVI’s Thomas Marks report on September 11, 2026?
Thomas Marks reported that 2,010 EVI shares were withheld by the issuer on September 11, 2026 to satisfy the company’s tax withholding obligation related to vesting of previously granted restricted stock units, using the $15.90 closing share price.
Did the EVI (EVI) insider transaction involve an open-market sale or purchase?
No. The filing describes shares withheld to pay tax on vested restricted stock units, not an open-market sale or purchase. It is coded as a disposition for payment of tax liability by delivering or withholding securities.
Was the EVI insider transaction made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is unchecked, and the footnotes do not describe a trading plan. The filing therefore does not report this transaction as made under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.