International Money Express (IMXI) withholds 1,046 insider shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Money Express, Inc. executive Joseph Aguilar reported a tax-related share disposition tied to restricted stock vesting. On this Form 4, 1,046 shares of common stock were withheld by the company at a price of $15.57 per share to cover tax obligations, leaving him with 148,339 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aguilar Joseph
Role
President - GM, Latin America
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,046 | $15.57 | $16K |
Holdings After Transaction:
Common Stock — 148,339 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did IMXI executive Joseph Aguilar report?
Joseph Aguilar reported a tax-withholding disposition of 1,046 IMXI common shares. The shares were withheld by International Money Express in connection with the vesting of restricted stock units, rather than sold on the open market, to satisfy applicable tax liabilities.
Was Joseph Aguilar’s IMXI Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. The 1,046 shares were withheld by International Money Express to satisfy tax liabilities from restricted stock unit vesting, according to the filing’s footnote disclosure.
What does transaction code F mean in the IMXI Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering or withholding securities. In this IMXI filing, it reflects shares withheld by the issuer from Joseph Aguilar’s restricted stock unit vesting to cover associated tax obligations.