[Form 4] Information Services Group, Inc. Insider Trading Activity
Bruce Pfau, a director of Information Services Group, Inc. (III), reported a sale of 6,000 shares of the issuer's common stock on 08/12/2025 at a price of $4.98 per share to satisfy tax obligations. Following the reported transaction, the filing shows Mr. Pfau beneficially owns 175,419 shares as a direct owner. The Form 4 was filed as a single reporting-person filing and the signature on the form was provided by an attorney-in-fact on 08/14/2025. The filer checked the box indicating the reporting person is a Director. The form states the sale was carried out to satisfy tax obligations and provides no other transactions or derivative holdings.
Bruce Pfau, direttore di Information Services Group, Inc. (III), ha comunicato la vendita di 6.000 azioni dell'ordinario della società in data 08/12/2025 al prezzo di $4,98 per azione per adempiere obblighi fiscali. A seguito dell'operazione segnalata, il modulo indica che il sig. Pfau possiede beneficiariamente 175.419 azioni a titolo diretto. Il Form 4 è stato presentato come unica dichiarazione del soggetto segnalante e la firma è stata apposta da un procuratore il 08/14/2025. Il dichiarante ha spuntato la casella che indica la qualifica di Director. Il modulo specifica che la vendita è stata effettuata per soddisfare obblighi fiscali e non riporta altre operazioni né posizioni in derivati.
Bruce Pfau, director de Information Services Group, Inc. (III), informó la venta de 6.000 acciones del capital common de la emisora el 08/12/2025 a $4.98 por acción para cumplir obligaciones fiscales. Tras la transacción reportada, la presentación muestra que el Sr. Pfau posee beneficiariamente 175.419 acciones como propietario directo. El Formulario 4 se presentó como una declaración de una sola persona informante y la firma fue realizada por un apoderado el 08/14/2025. El declarante marcó la casilla que indica que la persona informante es un Director. El formulario indica que la venta se realizó para satisfacer obligaciones fiscales y no contiene otras transacciones ni tenencias de derivados.
Bruce Pfau는 Information Services Group, Inc. (III)의 이사로서 08/12/2025에 발행인의 보통주 6,000주를 주당 $4.98에 세금 의무를 충족하기 위해 매도했다고 보고했습니다. 보고된 거래 후 해당 서류에는 Pfau 씨가 직접 소유자로서 175,419주를 실질적으로 보유하고 있는 것으로 기재되어 있습니다. Form 4는 단일 보고자 제출로 접수되었고, 서명은 08/14/2025에 대리인이 대신했습니다. 제출자는 보고인이 Director임을 표시했습니다. 해당 서류는 매도가 세금 의무를 충족하기 위해 이루어졌다고 명시하며 다른 거래나 파생상품 보유는 기재하지 않았습니다.
Bruce Pfau, administrateur d'Information Services Group, Inc. (III), a déclaré la vente de 6 000 actions ordinaires de l'émetteur le 08/12/2025 au prix de 4,98 $ par action afin de satisfaire des obligations fiscales. À la suite de la transaction déclarée, le dossier indique que M. Pfau détient à titre bénéficiaire 175 419 actions en propriété directe. Le Formulaire 4 a été déposé en tant que déclaration d'une seule personne déclarante et la signature sur le formulaire a été apposée par un mandataire le 08/14/2025. Le déclarant a coché la case indiquant que la personne déclarante est un Director. Le formulaire précise que la vente a été effectuée pour satisfaire des obligations fiscales et ne mentionne aucune autre transaction ni position en dérivés.
Bruce Pfau, Direktor von Information Services Group, Inc. (III), meldete den Verkauf von 6.000 Aktien des Stammkapitals des Emittenten am 08/12/2025 zum Preis von $4,98 je Aktie zur Erfüllung steuerlicher Verpflichtungen. Nach der gemeldeten Transaktion weist die Einreichung aus, dass Herr Pfau wirtschaftlich 175.419 Aktien als Direktinhaber besitzt. Das Formular 4 wurde als Einzelmeldung des meldepflichtigen Personen eingereicht und die Unterschrift auf dem Formular erfolgte durch einen Bevollmächtigten am 08/14/2025. Der Melder hat das Feld angekreuzt, dass die meldende Person ein Director ist. Das Formular gibt an, dass der Verkauf zur Erfüllung von Steuerverpflichtungen vorgenommen wurde und enthält keine weiteren Transaktionen oder Derivatpositionen.
- Transparent disclosure of the insider sale including number of shares, sale price, and stated reason
- Filing meets Section 16 reporting and was signed via attorney-in-fact, indicating procedural compliance
- Insider sale by a director reduces his direct holdings, which some investors may view negatively
- No indication that the sale was made under a 10b5-1 plan (checkbox not checked), so timing may attract investor attention
Insights
TL;DR: A routine insider sale of 6,000 shares was disclosed, leaving 175,419 shares beneficially owned; the sale was for tax purposes.
The Form 4 documents a straightforward disposition by a company director rather than an exercise or derivative transaction. The filing specifies the sale price of $4.98 per share and explicitly states the purpose was to satisfy tax obligations, which is a common non-informational reason for insider sales. There are no derivative positions or additional dispositions reported. For investors, this is a transparent disclosure of insider liquidity but no new operational or financial information about the company is provided in the filing.
TL;DR: Routine compliance disclosure: director sold shares to meet tax liabilities; form properly signed by attorney-in-fact.
The filing indicates proper Section 16 reporting by a director with the sale annotated as satisfying tax obligations, which aligns with common governance practices for insiders managing tax events. The Form 4 was filed by one reporting person and bears an attorney-in-fact signature dated August 14, 2025, satisfying signature requirements. The disclosure does not show any planned trading program checkbox or 10b5-1 indication. From a governance standpoint, the form meets basic transparency expectations but does not convey material governance changes or concerns.
Bruce Pfau, direttore di Information Services Group, Inc. (III), ha comunicato la vendita di 6.000 azioni dell'ordinario della società in data 08/12/2025 al prezzo di $4,98 per azione per adempiere obblighi fiscali. A seguito dell'operazione segnalata, il modulo indica che il sig. Pfau possiede beneficiariamente 175.419 azioni a titolo diretto. Il Form 4 è stato presentato come unica dichiarazione del soggetto segnalante e la firma è stata apposta da un procuratore il 08/14/2025. Il dichiarante ha spuntato la casella che indica la qualifica di Director. Il modulo specifica che la vendita è stata effettuata per soddisfare obblighi fiscali e non riporta altre operazioni né posizioni in derivati.
Bruce Pfau, director de Information Services Group, Inc. (III), informó la venta de 6.000 acciones del capital common de la emisora el 08/12/2025 a $4.98 por acción para cumplir obligaciones fiscales. Tras la transacción reportada, la presentación muestra que el Sr. Pfau posee beneficiariamente 175.419 acciones como propietario directo. El Formulario 4 se presentó como una declaración de una sola persona informante y la firma fue realizada por un apoderado el 08/14/2025. El declarante marcó la casilla que indica que la persona informante es un Director. El formulario indica que la venta se realizó para satisfacer obligaciones fiscales y no contiene otras transacciones ni tenencias de derivados.
Bruce Pfau는 Information Services Group, Inc. (III)의 이사로서 08/12/2025에 발행인의 보통주 6,000주를 주당 $4.98에 세금 의무를 충족하기 위해 매도했다고 보고했습니다. 보고된 거래 후 해당 서류에는 Pfau 씨가 직접 소유자로서 175,419주를 실질적으로 보유하고 있는 것으로 기재되어 있습니다. Form 4는 단일 보고자 제출로 접수되었고, 서명은 08/14/2025에 대리인이 대신했습니다. 제출자는 보고인이 Director임을 표시했습니다. 해당 서류는 매도가 세금 의무를 충족하기 위해 이루어졌다고 명시하며 다른 거래나 파생상품 보유는 기재하지 않았습니다.
Bruce Pfau, administrateur d'Information Services Group, Inc. (III), a déclaré la vente de 6 000 actions ordinaires de l'émetteur le 08/12/2025 au prix de 4,98 $ par action afin de satisfaire des obligations fiscales. À la suite de la transaction déclarée, le dossier indique que M. Pfau détient à titre bénéficiaire 175 419 actions en propriété directe. Le Formulaire 4 a été déposé en tant que déclaration d'une seule personne déclarante et la signature sur le formulaire a été apposée par un mandataire le 08/14/2025. Le déclarant a coché la case indiquant que la personne déclarante est un Director. Le formulaire précise que la vente a été effectuée pour satisfaire des obligations fiscales et ne mentionne aucune autre transaction ni position en dérivés.
Bruce Pfau, Direktor von Information Services Group, Inc. (III), meldete den Verkauf von 6.000 Aktien des Stammkapitals des Emittenten am 08/12/2025 zum Preis von $4,98 je Aktie zur Erfüllung steuerlicher Verpflichtungen. Nach der gemeldeten Transaktion weist die Einreichung aus, dass Herr Pfau wirtschaftlich 175.419 Aktien als Direktinhaber besitzt. Das Formular 4 wurde als Einzelmeldung des meldepflichtigen Personen eingereicht und die Unterschrift auf dem Formular erfolgte durch einen Bevollmächtigten am 08/14/2025. Der Melder hat das Feld angekreuzt, dass die meldende Person ein Director ist. Das Formular gibt an, dass der Verkauf zur Erfüllung von Steuerverpflichtungen vorgenommen wurde und enthält keine weiteren Transaktionen oder Derivatpositionen.
FAQ
What did Bruce Pfau (III) report on Form 4?
How many shares does Bruce Pfau beneficially own after the transaction?
Was the Form 4 filed by more than one reporting person?
Did the filing indicate the sale was part of a 10b5-1 trading plan?
Who signed the Form 4 and when?
