Flux Power (FLUX) CEO RSUs vest and tax-related share sale reported
Rhea-AI Filing Summary
Flux Power Holdings, Inc. CEO and President Vanka Krishna C reported routine equity compensation activity involving restricted stock units (RSUs) and a related tax sale. On July 1, 2026, 40,650 RSUs vested and were converted into the same number of common shares at a price of $0.00 per share.
On July 2, 2026, he sold 20,633 common shares at a weighted average price of $0.8672 per share, leaving 20,017 common shares held directly after the sale. According to the footnotes, this sale was a "sell to cover" transaction made solely to satisfy tax withholding obligations related to the RSU vesting and is described as not a discretionary transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Vanka Krishna C
Role
CEO and President
Sold
20,633 shs ($18K)
Approx. gross sale proceeds
$18K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,633 | $0.8672 | $18K |
| Exercise | Restricted Stock Units | 40,650 | $0.00 | $0.00 |
| Exercise | Common Stock | 40,650 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 81,301 shares (Direct);
Common Stock — 20,017 shares (Direct)
Footnotes (3)
- F1. On August 1, 2025, the reporting person was granted restricted stock units ("RSUs"), which vested on July 1, 2026. Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs are scheduled to vest annually over 3 years, with the first vest date on July 1, 2026, subject to the Reporting Person's continued employment or service through each vest date.
- F2. The price reported in Column 4 is a weighted average price. The shares were pooled and sold in multiple transactions, at prices ranging from $0.8301 to $0.9101, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of the RSUs. The sale is made to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
Key Figures
Shares sold: 20,633 shares
Weighted average sale price: $0.8672 per share
Shares held after sale: 20,017 shares
+2 more
5 metrics
Shares sold
20,633 shares
Open-market sale on July 2, 2026 to cover taxes
Weighted average sale price
$0.8672 per share
Tax-related sale of 20,633 shares
Shares held after sale
20,017 shares
Common stock directly owned post July 2, 2026 transaction
RSUs vested
40,650 units
RSUs vested and converted into common stock on July 1, 2026
RSU conversion price
$0.00 per share
Conversion of vested RSUs into common stock
Key Terms
restricted stock units, weighted average price, sell to cover
3 terms
restricted stock units financial
"the reporting person was granted restricted stock units ("RSUs"), which vested on July 1, 2026"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
sell to cover financial
"to be funded by a "sell to cover" transaction and does not represent a discretionary transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Flux Power (FLUX) CEO report on this Form 4?
Flux Power CEO Vanka Krishna C reported RSU vesting and a related tax sale. 40,650 RSUs vested into common shares on July 1, 2026, followed by a July 2, 2026 sale of 20,633 shares to cover tax withholding obligations.
Was the Flux Power (FLUX) CEO’s stock sale a discretionary trade?
The filing states the sale was not discretionary. Shares were sold in a "sell to cover" transaction solely to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units on July 1, 2026.
What are the key terms of the Flux Power (FLUX) CEO’s RSU grant?
The RSUs were granted August 1, 2025 and vest annually over three years, starting July 1, 2026. Each RSU converts into one share of Flux Power common stock upon vesting, subject to the CEO’s continued employment or service through each vesting date.
How many restricted stock units vested for the Flux Power (FLUX) CEO?
40,650 restricted stock units vested for the CEO on July 1, 2026. Each vested RSU converted into one share of Flux Power common stock at a stated conversion price of $0.00 per share, reflecting standard RSU settlement mechanics.