Firefly CTO has 16,700 shares withheld for tax
Firefly Aerospace’s CTO had shares withheld to cover taxes on RSU vesting, leaving him with over half a million shares held directly.
Rhea-AI Filing Summary
Firefly Aerospace Inc. (FLY) reported that Chief Technology Officer Ferring Russell Shea had 16,700 shares of common stock withheld on September 16, 2026 to satisfy his tax withholding obligation upon vesting of restricted stock units. The shares were treated as a disposition at $20.28 per share, and he now holds 525,424 shares directly. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 16,700 shares
Tax Withholding
1 txn
Insider
Ferring Russell Shea
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 16,700 | $20.28 | $339K |
Holdings After Transaction:
Common Stock — 525,424 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the vesting of restricted stock units.
Key Figures
Shares withheld for tax: 16,700 shares
Per-share value for withholding: $20.28 per share
Shares held after transaction: 525,424 shares
+2 more
5 metrics
Shares withheld for tax
16,700 shares
Common stock withheld on September 16, 2026 to cover tax on RSU vesting
Per-share value for withholding
$20.28 per share
Reported price for the 16,700 withheld shares
Shares held after transaction
525,424 shares
Direct common stock holdings after September 16, 2026 transaction
Transaction date
September 16, 2026
Date of tax-withholding disposition of common stock
Transaction type
Payment of tax liability by withholding shares
Code F, non-derivative common stock
Key Terms
restricted stock units, tax withholding obligation, withheld by the Issuer
3 terms
restricted stock units financial
"upon the vesting of restricted stock units"
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
"to cover the reporting person's tax withholding obligation"
withheld by the Issuer financial
"Represents shares of common stock withheld by the Issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Firefly Aerospace Inc. (FLY) disclose for its CTO?
Firefly Aerospace disclosed that CTO Ferring Russell Shea had 16,700 shares of common stock withheld on September 16, 2026 to cover his tax withholding obligation upon vesting of restricted stock units.
Was the Firefly Aerospace (FLY) insider transaction a market sale or tax withholding?
The transaction was a tax-withholding disposition. Shares of common stock were withheld by the issuer to satisfy the reporting person’s tax withholding obligation when restricted stock units vested, rather than an open market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.