Foxx Development EVP reports tax share withholding
Foxx Development Holdings Inc. Executive Vice President and director Cui Haitao reported a code F transaction in Common Stock.
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Rhea-AI Filing Summary
Foxx Development Holdings Inc. Executive Vice President and director Cui Haitao reported a code F transaction in Common Stock. On 2026-08-05, 2,722 shares were withheld at $2.65 per share to satisfy a tax withholding obligation upon vesting and settlement of restricted stock units, and no shares were sold. After this withholding, Cui directly holds 128,640 shares, consisting of 49,066 shares of common stock and 79,574 unvested RSUs from an initial grant of 141,463 RSUs that continue to vest quarterly at 1/16th of the original grant amount, subject to continuous service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F2, F1 | 2,722 | $2.65 | $7K |
Footnotes (2)
- F1. Represents 49,066 shares of common stock and 79,574 unvested restricted stock units ("RSUs") from an initial grant of 141,463 RSUs made on November 5, 2024. The remaining unvested RSUs will continue to vest at a rate of 1/16th of the original grant amount on the quarterly anniversary date of the grant date provided the reporting person remains in continuous service on each vesting date.
- F2. Reflects shares of common stock of Foxx Development Holdings Inc. withheld to satisfy the Reporting Person's tax withholding obligation upon vesting and settlement of RSUs. No shares were sold.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
tax withholding obligation financial
continuous service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Foxx Development Holdings Inc. (FOXX) insider Cui Haitao report in this Form 4?
What was the nature of the FOXX Form 4 transaction on 2026-08-05?
What is the size and vesting schedule of Cui Haitao’s RSU grant at FOXX?
AI-generated analysis. How Rhea-AI works. Not financial advice.