Gold.com (GOLD) president has 5,840 RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gold.com, Inc. President Thor Gjerdrum reported a tax-related share disposition. On settlement of a restricted stock unit award, 5,840 shares of Common Stock were withheld at $41.61 per share to satisfy tax withholding obligations. Following this withholding, Gjerdrum directly holds 55,998 shares of Gold.com common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gjerdrum Thor
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 5,840 | $41.61 | $243K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 55,998 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 5,840 shares
Withholding price per share: $41.61 per share
Shares held after transaction: 55,998 shares
3 metrics
Shares withheld for taxes
5,840 shares
Tax withholding on RSU settlement
Withholding price per share
$41.61 per share
Valuation of withheld shares
Shares held after transaction
55,998 shares
Direct holdings following withholding
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition, Form 4
4 terms
restricted stock units financial
"in connection with the settlement of an award 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 obligations financial
"withheld to satisfy tax withholding obligations in connection with the settlement"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
FAQ
What insider transaction did GOLD President Thor Gjerdrum report?
Thor Gjerdrum reported shares withheld for taxes, not an open-market trade. On RSU settlement, 5,840 Gold.com shares were withheld to cover tax obligations, a routine administrative disposition commonly seen with equity compensation.
Was Thor Gjerdrum’s GOLD transaction an open-market sale or purchase?
The transaction was not an open-market sale or purchase. It was a tax-withholding disposition, where 5,840 shares were withheld by Gold.com to cover taxes upon settlement of a restricted stock unit award.