Vice chair of Information Services Group (III) surrenders 35,575 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Information Services Group Inc. vice chairman Todd D. Lavieri reported a routine share disposition related to taxes. On June 1, 2026, 35,575 shares of common stock were withheld at $4.51 per share to satisfy tax obligations from vesting restricted stock units. After this tax-withholding transaction, Lavieri directly owned 1,203,693 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lavieri Todd D.
Role
VICE CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Shares of Common Stock | 35,575 | $4.51 | $160K |
Holdings After Transaction:
Shares of Common Stock — 1,203,693 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 35,575 shares
Withholding price per share: $4.51 per share
Shares owned after transaction: 1,203,693 shares
+2 more
5 metrics
Shares withheld for taxes
35,575 shares
Withheld to satisfy tax obligations on RSU vesting on June 1, 2026
Withholding price per share
$4.51 per share
Value used for tax-withholding disposition of 35,575 shares
Shares owned after transaction
1,203,693 shares
Direct common stock holdings of Todd D. Lavieri following tax withholding
Tax-withholding transactions
1 transaction
Number of tax-withholding dispositions reported in this Form 4
Shares in tax-withholding dispositions
35,575 shares
Total shares involved in tax-withholding dispositions per transaction summary
Key Terms
restricted stock units, Rule 16b-3, tax withholding obligations, deemed disposition
4 terms
restricted stock units financial
"in connection with vesting of restricted stock units issued in accordance with Rule 16b-3"
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.
Rule 16b-3 regulatory
"restricted stock units issued in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
tax withholding obligations financial
"withholding of shares of common stock to satisfy tax withholding obligations in connection with vesting"
deemed disposition financial
"Represents deemed disposition of shares of common stock to the Issuer as a result of withholding"
FAQ
What insider transaction did Information Services Group (III) report?
Information Services Group reported vice chairman Todd D. Lavieri had 35,575 common shares withheld. The shares were used to cover tax obligations tied to vesting restricted stock units, not an open-market sale or discretionary trade.
What are Todd D. Lavieri’s holdings after this Form 4 transaction in III?
Following the tax-withholding disposition, vice chairman Todd D. Lavieri directly owns 1,203,693 Information Services Group common shares. This figure reflects his remaining stake after the 35,575 shares were surrendered to cover tax obligations.
Was the III insider transaction an open-market sale by Todd D. Lavieri?
No, the transaction was not an open-market sale. It was a deemed disposition where 35,575 shares were withheld by the issuer to cover tax withholding obligations upon vesting of restricted stock units under Rule 16b-3.
What does a tax-withholding disposition mean for III insiders?
A tax-withholding disposition means the company withholds shares to pay taxes when equity awards vest. For III, 35,575 shares were withheld from Todd D. Lavieri’s award, simplifying tax payment without requiring a separate cash transaction or market sale.