T Stamp (IDAI) controller gains shares as RSUs vest and taxes withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
T Stamp Inc Financial Controller Ming Tracy reported an RSU vesting and related tax withholding. On this date, 3,286 Restricted Stock Units were exercised into 3,286 shares of Class A Common Stock at a conversion price of $0.00 per share. The company then withheld 1,018 shares at $2.60 per share to cover tax obligations. After these compensation-related entries, Tracy directly held 3,557 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,286 shares exercised/converted
Mixed
3 txns
Insider
Ming Tracy
Role
Financial Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,286 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,286 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,018 | $2.60 | $3K |
Holdings After Transaction:
Restricted Stock Units — 3,286 shares (Direct);
Class A Common Stock — 4,575 shares (Direct)
Footnotes (1)
- Represents the number of shares of Class A Common Stock issued upon the vesting of restricted stock units ("RSUs") Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting. EACH RESTRICTED STOCK UNIT ("RSU") REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE "RSU".
Key Figures
RSUs vested: 3,286 units
Shares issued from RSUs: 3,286 shares
Shares withheld for taxes: 1,018 shares
+3 more
6 metrics
RSUs vested
3,286 units
RSUs converted into Class A Common Stock
Shares issued from RSUs
3,286 shares
Class A Common Stock at $0.00 conversion
Shares withheld for taxes
1,018 shares
Tax withholding at $2.60 per share
Price used for tax withholding
$2.60 per share
Value assigned to withheld shares
Shares held after transactions
3,557 shares
Direct Class A Common Stock ownership post-filing
RSU-to-share ratio
1:1
Each RSU converts into one common share
Key Terms
Restricted Stock Units, tax withholding requirements, contingent right, Class A Common Stock
4 terms
Restricted Stock Units financial
"Represents the number of shares of Class A Common Stock issued upon the vesting of restricted stock units ("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.
tax withholding requirements financial
"shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting"
contingent right financial
"EACH RESTRICTED STOCK UNIT ("RSU") REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK"
Class A Common Stock financial
"Class A Common Stock, par value $0.01 per share"
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.
FAQ
What insider transaction did T Stamp (IDAI) report for Ming Tracy?
T Stamp reported that Financial Controller Ming Tracy had 3,286 Restricted Stock Units vest into 3,286 Class A Common shares, followed by 1,018 shares withheld by the company to satisfy tax obligations tied to this RSU vesting event.
What do the Restricted Stock Units in T Stamp (IDAI) represent?
Each Restricted Stock Unit represents a contingent right to receive one share of common stock upon vesting. In this case, 3,286 RSUs vested and converted into 3,286 Class A Common shares, according to the footnote explanation in the Form 4 filing.