Insight Molecular Diagnostics (Nasdaq: IMDX) details director RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insight Molecular Diagnostics Inc. director Andrew J. Last reported a routine tax-withholding transaction related to equity compensation. On the vesting of 35,000 restricted stock units granted on July 1, 2025, the company withheld 7,700 shares of common stock at a value of $5.69 per share to cover tax obligations. This was not an open-market sale, and the reporting person did not sell any shares. After this withholding, Last directly holds 58,752 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Last Andrew J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, no par value | 7,700 | $5.69 | $44K |
Holdings After Transaction:
Common Stock, no par value — 58,752 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 7,700 shares
Per-share value for withholding: $5.69 per share
RSUs vested: 35,000 units
+1 more
4 metrics
Shares withheld for taxes
7,700 shares
Withheld to cover tax obligations on RSU vesting
Per-share value for withholding
$5.69 per share
Nasdaq Capital Market price on vesting date
RSUs vested
35,000 units
Restricted stock units granted July 1, 2025, that vested
Shares owned after transaction
58,752 shares
Director’s direct common stock holdings post-withholding
Key Terms
restricted stock units, tax withholding obligations, Nasdaq Capital Market
3 terms
restricted stock units financial
"in connection with the vesting of 35,000 shares of restricted stock units granted to the reporting person"
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 obligations financial
"shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting"
Nasdaq Capital Market market
"price per share on the date on which the shares vested as reported on the Nasdaq Capital Market"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
FAQ
What insider transaction did Insight Molecular Diagnostics (IMDX) disclose on this Form 4?
Insight Molecular Diagnostics reported that director Andrew J. Last had 7,700 shares of common stock withheld to cover tax obligations on vested restricted stock units. This is a tax-withholding disposition, not an open-market sale of shares.
How many Insight Molecular Diagnostics (IMDX) restricted stock units vested for the director?
A total of 35,000 restricted stock units vested for the reporting person. The company withheld 7,700 of the resulting shares for tax obligations, while the remaining vested shares increased the director’s direct equity holdings in the company.