EVI CFO surrenders 473 shares for tax withholding
EVI’s CFO surrendered shares to cover taxes on vesting restricted stock and now directly holds 90,388 shares.
Rhea-AI Filing Summary
EVI INDUSTRIES, INC. (EVI) reported that Chief Financial Officer Robert Lazar surrendered 473 shares of common stock on September 11, 2026 to the company to satisfy its tax withholding obligation related to the vesting of previously granted restricted stock awards. The shares were valued at $15.90 per share, the closing price that day, and Lazar now holds 90,388 shares of EVI common stock directly. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 473 shares
Tax Withholding
1 txn
Insider
LAZAR ROBERT
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.025 par value per share F1, F2 | 473 | $15.90 | $8K |
Holdings After Transaction:
Common Stock, $0.025 par value per share — 90,388 shares (Direct)
Footnotes (2)
- F1. Represents shares of the issuer's common stock surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting of certain restricted stock awards previously granted to Robert Lazar.
- F2. Represents the closing price of the issuer's common stock on September 11, 2026.
Key Figures
Shares surrendered: 473 shares
Per-share valuation: $15.90 per share
Shares held after transaction: 90,388 shares
3 metrics
Shares surrendered
473 shares
Common stock surrendered on September 11, 2026 to satisfy tax withholding on vesting restricted stock awards
Per-share valuation
$15.90 per share
Closing price of EVI common stock on September 11, 2026, used for the tax-withholding share surrender
Shares held after transaction
90,388 shares
Direct ownership of EVI common stock by CFO Robert Lazar following the September 11, 2026 transaction
Key Terms
restricted stock awards, tax withholding obligation, closing price
3 terms
restricted stock awards financial
"relating to the vesting of certain restricted stock awards previously granted"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
tax withholding obligation financial
"satisfy the issuer's tax withholding obligation relating to the vesting"
closing price financial
"Represents the closing price of the issuer's common stock on September 11, 2026"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EVI (EVI) disclose for its CFO?
EVI disclosed that CFO Robert Lazar surrendered 473 shares of common stock on September 11, 2026 to the company to satisfy tax withholding on vesting of previously granted restricted stock awards. This was not an open-market sale but a tax-related share disposition.
Was the EVI CFO’s September 11, 2026 transaction under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is associated with this transaction, and the shares were surrendered specifically to satisfy the issuer’s tax withholding obligation on vesting restricted stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.