HawkEye 360 CFO sells 9,228 shares at $16.29
HawkEye 360’s CFO executed a mandatory sell-to-cover of 9,228 shares tied to RSU vesting and now directly holds 209,228 shares.
Rhea-AI Filing Summary
HawkEye 360, Inc. (HAWK) reported that Chief Financial Officer Craig Chih-Meng Searle sold 9,228 shares of common stock on September 15, 2026, in a sale mandated to cover tax withholding obligations upon vesting of RSUs. The weighted average sale price was $16.29 per share, with prices ranging from $16.06 to $16.51, and he now directly holds 209,228 shares of HawkEye 360 common stock.
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Insights
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Insider Trade Summary
Net Seller: 9,228 shares
Net Sell
1 txn
Insider
Searle Craig Chih-Meng
Role
Chief Financial Officer
Sold
9,228 shs ($150K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 9,228 | $16.2888 | $150K |
Holdings After Transaction:
Common Stock — 209,228 shares (Direct)
Footnotes (2)
- F1. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.06 to $16.51 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 each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 9,228 shares
Weighted average sale price: $16.2888 per share
Sale price range: $16.06–$16.51 per share
+2 more
5 metrics
Shares sold
9,228 shares
Common stock sold on September 15, 2026 in sell-to-cover transaction
Weighted average sale price
$16.2888 per share
Average price for 9,228 shares sold on September 15, 2026
Sale price range
$16.06–$16.51 per share
Range of prices for multiple sale transactions on September 15, 2026
Shares held after transaction
209,228 shares
Direct ownership of HawkEye 360 common stock by CFO after sale
Net shares sold
9,228 shares
Net sell activity reported in transaction summary for this Form 4
Key Terms
sell to cover, tax withholding obligations, restricted stock units, weighted average price
4 terms
sell to cover financial
"require the satisfaction of tax withholding obligations to be funded by a "sell to cover" 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.
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations in connection"
restricted stock units financial
"cover tax withholding obligations in connection with the vesting of RSUs"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HAWK’s CFO report on this Form 4?
The CFO, Craig Chih-Meng Searle, reported a sale of 9,228 HawkEye 360 (HAWK) common shares on September 15, 2026. The filing states the transaction was to fund tax withholding obligations arising from the vesting of restricted stock units (RSUs).
Was the HAWK CFO’s September 15, 2026 trade discretionary?
No. The filing explains the sale was mandated by HawkEye 360’s election to satisfy tax withholding obligations through a “sell to cover” transaction and “does not represent a discretionary transaction by the Reporting Person.”
AI-generated analysis. How Rhea-AI works. Not financial advice.