ICHOR (ICHR) COO’s RSU vesting triggers 909-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ICHOR HOLDINGS, LTD. Chief Operating Officer Bruce Ragsdale reported a routine tax-related share disposition. On the vesting of a restricted stock unit award, 909 Ordinary Shares were automatically withheld to cover tax withholding obligations at $47.81 per share. After this non-market transaction, he directly holds 96,752 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RAGSDALE BRUCE
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares, par value $0.0001 | 909 | $47.81 | $43K |
Holdings After Transaction:
Ordinary Shares, par value $0.0001 — 96,752 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 909 shares
Withholding price: $47.81 per share
Shares held after transaction: 96,752 shares
3 metrics
Shares withheld for taxes
909 shares
Tax-withholding disposition on RSU vesting
Withholding price
$47.81 per share
Value used for tax withholding calculation
Shares held after transaction
96,752 shares
Direct holdings after tax-withholding disposition
Key Terms
restricted stock unit, tax withholding obligations, Ordinary Shares, Form 4
4 terms
restricted stock unit financial
"associated with the vesting of a restricted stock unit award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"shares automatically withheld to cover tax withholding obligations"
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 ICHOR (ICHR) COO Bruce Ragsdale report?
Bruce Ragsdale reported a routine tax-related disposition. 909 Ordinary Shares were automatically withheld to satisfy tax obligations from a restricted stock unit vesting, rather than sold in the open market, and he continues to hold 96,752 Ordinary Shares directly afterward.
Was the ICHOR (ICHR) insider transaction an open-market sale?
No, the transaction was not an open-market sale. Shares were withheld automatically to cover tax withholding obligations tied to a restricted stock unit vesting, meaning the company retained 909 shares instead of the executive selling them on the market.
What does transaction code F mean in the ICHOR (ICHR) Form 4?
Code F on the Form 4 indicates a tax-withholding disposition. In this case, 909 shares were delivered back to ICHOR to pay tax liabilities arising from the vesting of a restricted stock unit award, rather than being sold for investment reasons.