EyePoint (NASDAQ: EYPT) CFO exercises RSUs, uses shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EyePoint, Inc. Chief Financial Officer George Elston reported routine equity compensation activity involving common stock and restricted stock units. He exercised 7,500 restricted stock units into 7,500 shares of common stock. Of these, 3,627 shares were withheld by EyePoint to cover tax obligations, and no shares were sold in the market.
Following these transactions, Elston holds 91,691 shares of common stock directly. In addition, 30,000 shares of common stock are held indirectly through a family trust for the benefit of his children, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting and tax withholding with no open-market sale.
Chief Financial Officer George Elston exercised 7,500 restricted stock units into common shares and had 3,627 of those shares withheld by EyePoint, Inc. to satisfy tax obligations. This is a standard mechanism for handling taxes on equity awards.
The filing shows 91,691 common shares held directly after the transactions, while 30,000 additional shares are held in a Family Trust for his children, with beneficial ownership disclaimed. With no open-market purchases or sales reported, the activity appears as routine compensation-related equity settlement rather than a directional trading signal.
Insider Trade Summary
7,500 shares exercised/converted
Mixed
4 txns
Insider
Elston George
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,500 | $0.00 | -- |
| Exercise | Common Stock | 7,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,627 | $12.93 | $47K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 95,318 shares (Direct);
Common Stock — 30,000 shares (Indirect, By Family Trust)
Footnotes (1)
- No shares were sold - these shares were withheld by the issuer to satisfy tax withholding requirements in connection with the Reporting Person's exercise of his withholding right following the vesting of the restricted stock units. These securities are held in a trust for the benefit of the reporting person's children. JP Morgan Trust Company of Delaware is trustee of the Family Trust. The reporting person disclaims beneficial ownership of these securities and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. The restricted stock units vest in three ratable annual installments beginning May 25, 2024.
Key Figures
RSUs exercised: 7,500 shares
Shares withheld for tax: 3,627 shares
Withholding reference price: $12.93 per share
+2 more
5 metrics
RSUs exercised
7,500 shares
Restricted Stock Units converted to common stock on May 25, 2026
Shares withheld for tax
3,627 shares
Shares withheld by issuer to satisfy tax obligations
Withholding reference price
$12.93 per share
Price per share used for tax-withholding disposition
Direct holdings after transaction
91,691 shares
Common stock held directly by CFO after reported transactions
Family trust holdings
30,000 shares
Common stock held by Family Trust for reporting person’s children
Key Terms
Restricted Stock Units, tax withholding, Family Trust, beneficial ownership, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units vest in three ratable annual installments beginning May 25, 2024."
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 financial
"these shares were withheld by the issuer to satisfy tax withholding requirements in connection with the Reporting Person's exercise"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Family Trust financial
"These securities are held in a trust for the benefit of the reporting person's children. JP Morgan Trust Company of Delaware is trustee of the Family Trust."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities and the filing of this report is not an admission"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider equity activity did EyePoint (EYPT) CFO George Elston report?
George Elston reported exercising 7,500 restricted stock units into common stock. Of these shares, 3,627 were withheld by EyePoint to cover tax obligations, and no shares were sold on the open market, indicating routine compensation-related activity.
What happened to the restricted stock units reported by the EyePoint (EYPT) CFO?
The filing shows 7,500 restricted stock units were exercised into 7,500 shares of common stock. A footnote explains the units vest in three equal annual installments beginning May 25, 2024, and this transaction reflects vesting and settlement of a portion of that grant.