III CEO has 56,651 shares withheld for taxes
Information Services Group Inc. Chairman and CEO Michael P. Connors reported a tax-related share disposition.
Rhea-AI Filing Summary
Information Services Group Inc. Chairman and CEO Michael P. Connors reported a tax-related share disposition. On June 1, 2026, 56,651 shares of common stock were withheld at $4.51 per share to satisfy tax obligations tied to vesting restricted stock units. This was a non-market transaction in which the shares were deemed delivered back to the company rather than sold in the open market. Following this withholding, Connors directly holds 5,156,729 shares of common stock.
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Insights
Routine tax withholding, not an open-market sale.
The filing shows Michael P. Connors, Chairman, CEO and 10% owner of Information Services Group Inc., had 56,651 shares withheld to cover tax obligations upon RSU vesting. The code F and footnote indicate this is a deemed disposition to the issuer.
This type of transaction is compensation-related and mechanistic, rather than a discretionary trade. Connors continues to hold 5,156,729 shares directly, so the withheld amount is small relative to his total stake. The filing does not indicate any Rule 10b5-1 trading plan or additional derivative positions in this excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Shares of Common Stock | 56,651 | $4.51 | $255K |
Footnotes (1)
- F1. Represents deemed disposition of shares of common stock to the Issuer as a result of withholding of shares of common stock to satisfy tax withholding obligations in connection with vesting of RSUs issued in accordance with Rule 16b-3.
Key Figures
Key Terms
restricted stock units financial
Rule 16b-3 regulatory
tax withholding obligations financial
Form 4 regulatory
FAQ
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What insider transaction did Information Services Group (III) report for Michael P. Connors?
Was the Information Services Group (III) Form 4 transaction an open-market sale?
What does transaction code F mean in the Information Services Group (III) Form 4?
What role did restricted stock units (RSUs) play in the latest Information Services Group (III) insider filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.