IMXI (IMXI) CFO has shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Money Express, Inc. Chief Financial Officer Andras Quinn reported a tax-related share disposition. The company withheld 1,340 shares of common stock at $15.57 per share to cover withholding taxes tied to vesting restricted stock units. After this non‑open‑market transaction, Quinn directly holds 177,491 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bende Andras Quinn
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,340 | $15.57 | $21K |
Holdings After Transaction:
Common Stock — 177,491 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did IMXI’s CFO report on this Form 4?
IMXI’s Chief Financial Officer Andras Quinn reported a tax-withholding disposition of 1,340 common shares. The shares were withheld by the company in connection with vesting restricted stock units, rather than sold in an open-market transaction, and relate to equity compensation.
Was the IMXI CFO’s Form 4 transaction an open-market stock sale?
No, the transaction was not an open-market sale. The filing states the 1,340 shares were withheld by International Money Express, Inc. to satisfy tax obligations when restricted stock units vested, which is a common administrative step for equity compensation.
What does transaction code F mean in the IMXI CFO’s Form 4?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, 1,340 IMXI shares were withheld by the issuer to satisfy the CFO’s tax obligations from vesting restricted stock units, rather than representing a discretionary stock trade.