Ivanhoe Electric Form 4 shows CEO tax share withholding
Rhea-AI Filing Summary
Ivanhoe Electric Inc. reported an insider equity transaction by its President and CEO, J. Taylor Melvin, who is also a director. On November 21, 2025, 250,000 restricted stock units vested, and the company withheld 97,835 shares of common stock to cover Mr. Melvin’s tax withholding obligations. The withholding price was $12.15 per share, based on the closing sales price of the shares on the NYSE American immediately before the vesting date. After this transaction, Mr. Melvin beneficially owned 632,918 shares of Ivanhoe Electric common stock in direct ownership.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 97,835 | $12.15 | $1.19M |
Footnotes (1)
- The Issuer withheld 97,835 shares of common stock from Mr. Melvin to satisfy tax withholding obligations on the 250,000 restricted stock units that vested on November 21, 2025. The price reported in Column 4 is based on the closing sales price of the Shares on the NYSE American immediately preceding the date of vesting.
FAQ
What insider transaction did Ivanhoe Electric (IE) report for J. Taylor Melvin?
Ivanhoe Electric reported that President and CEO J. Taylor Melvin, who is also a director, had 250,000 restricted stock units vest on November 21, 2025, with a portion of the resulting shares withheld for taxes.
What roles does J. Taylor Melvin hold at Ivanhoe Electric (IE)?
J. Taylor Melvin is both a director and the President and CEO of Ivanhoe Electric Inc., as indicated in the filing.
Was this Ivanhoe Electric (IE) insider transaction part of a routine equity plan event?
Yes. The filing explains that the company withheld shares from Mr. Melvin to cover tax withholding obligations arising from the vesting of 250,000 restricted stock units, which is typical for equity compensation.