Insight Molecular (IMDX) director uses 12,100 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insight Molecular Diagnostics Inc. director Arno Andrew reported the vesting of 55,000 restricted stock units, with part of the award used to pay taxes. The company withheld 12,100 shares of Common Stock at a value of $5.69 per share to satisfy tax withholding obligations, and the filing states that no shares were sold on the market. After this tax-withholding disposition, Andrew directly holds 156,785 shares of Common Stock and also has indirect holdings through entities JBA Investments LLC and MJA Investments LLC, where he serves as manager with voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Arno Andrew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, no par value | 12,100 | $5.69 | $69K |
| holding | Common Stock, no par value | -- | -- | -- |
| holding | Common Stock, no par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, no par value — 156,785 shares (Direct, null);
Common Stock, no par value — 7,804 shares (Indirect, See footnote)
Footnotes (1)
- The reported disposition reflects shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of 55,000 shares of restricted stock units granted to the reporting person on July 1, 2025. The reporting person did not sell any shares. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market. These shares of Common Stock are held by JBA Investments LLC ("JBA"). The Reporting Person is the Manager of JBA and, in such capacity, has the right to vote and dispose of securities held by JBA, including the shares of Common Stock reported here. These shares of Common Stock are held by MJA Investments LLC ("MJA"). The Reporting Person is the Manager of MJA and, in such capacity, has the right to vote and dispose of securities held by MJA, including the shares of Common Stock reported here.
Key Figures
Shares withheld for taxes: 12,100 shares
Per-share value for withholding: $5.69 per share
RSUs vested: 55,000 shares
+2 more
5 metrics
Shares withheld for taxes
12,100 shares
Withheld to cover tax obligations on RSU vesting
Per-share value for withholding
$5.69 per share
Nasdaq Capital Market price on RSU vesting date
RSUs vested
55,000 shares
Restricted stock units granted on July 1, 2025
Direct shares after transaction
156,785 shares
Common Stock directly owned following tax withholding
Indirect share line item
7,804 shares
Common Stock held indirectly with footnoted LLC ownership
Key Terms
restricted stock units, tax withholding obligations, Common Stock, no par value, Nasdaq Capital Market, +1 more
5 terms
restricted stock units financial
"in connection with the vesting of 55,000 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"
Common Stock, no par value financial
"security_title": "Common Stock, no par value""
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.
indirect ownership financial
"These shares of Common Stock are held by JBA Investments LLC ("JBA"). The Reporting Person is the Manager"
FAQ
What insider transaction did Arno Andrew report at Insight Molecular Diagnostics (IMDX)?
Arno Andrew reported a tax-related share disposition tied to vesting restricted stock units. The company withheld 12,100 Common Stock shares to cover tax obligations when 55,000 RSUs vested, but the filing emphasizes that he did not sell any shares in the market.
What role do JBA Investments LLC and MJA Investments LLC play in Arno Andrew’s IMDX holdings?
Certain Common Stock shares are held indirectly through JBA Investments LLC and MJA Investments LLC. The filing explains that Arno Andrew is the manager of each LLC and, in that capacity, has the right to vote and dispose of securities those entities hold, including IMDX shares.