Getty Images (GETY) counsel has shares withheld to cover RSU taxes
Rhea-AI Filing Summary
Getty Images Holdings, Inc. General Counsel Kellough Kjelti Wilkes reported a small, routine share disposition related to taxes. On the RSU vesting date, 2,394 shares of Class A Common Stock were withheld by the company at an indicated value of $0.61 per share to cover tax withholding obligations. After this non-market, tax-withholding transaction, Wilkes directly holds 536,189 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,394 shares
Net Sell
1 txn
Insider
Kellough Kjelti Wilkes
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 2,394 | $0.61 | $1K |
Holdings After Transaction:
Class A Common Stock — 536,189 shares (Direct)
Footnotes (1)
- F1. Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding obligations on the vesting and settlement of RSUs.
Key Figures
Shares withheld for taxes: 2,394 shares
Implied value per share: $0.61 per share
Shares held after transaction: 536,189 shares
+1 more
4 metrics
Shares withheld for taxes
2,394 shares
Class A Common Stock withheld to satisfy RSU tax obligations
Implied value per share
$0.61 per share
Value used for the tax-withholding disposition
Shares held after transaction
536,189 shares
Direct Class A Common Stock holdings after RSU-related withholding
Tax-withholding shares (summary)
2,394 shares
TaxWithholdingShares in transaction summary for this Form 4
Key Terms
RSUs, tax withholding obligations, Class A Common Stock, Form 4
4 terms
RSUs financial
"on the vesting and settlement of RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations on the vesting"
Class A Common Stock financial
"Represents shares of Class A Common Stock withheld by the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"This Form 4 reflects a tax-withholding disposition of RSU shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Getty Images (GETY) report for Kellough Kjelti Wilkes?
Getty Images General Counsel Kellough Kjelti Wilkes reported a tax-related share disposition. The company withheld 2,394 Class A Common shares upon RSU vesting to satisfy tax obligations, leaving Wilkes with 536,189 directly held shares afterward.
Was the Getty Images (GETY) insider transaction an open-market sale?
No, the transaction was not an open-market sale. Shares were withheld by Getty Images to cover tax liabilities upon RSU vesting, a common administrative mechanism, rather than sold by Kellough Kjelti Wilkes on the stock market.
What does transaction code F mean in this Getty Images (GETY) Form 4?
Transaction code F indicates shares were disposed of to cover exercise or tax liabilities. Here, it reflects Getty Images withholding shares upon RSU vesting to satisfy tax withholding obligations for General Counsel Kellough Kjelti Wilkes.