Intellinetics (INLX) CFO remits 843 shares to cover vesting taxes

Rhea-AI Filing Summary

INTELLINETICS, INC. Chief Financial Officer Joseph D. Spain reported a small share disposition related to taxes, not an open-market trade. On the vesting of a restricted stock grant originally awarded on March 28, 2025, 843 shares of common stock at $7.25 per share were remitted to the company to cover withholding taxes. After this tax-withholding transaction, he directly holds 30,907 shares of Intellinetics common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Spain Joseph D

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	843	$7.25	$6K

Holdings After Transaction: Common Stock — 30,907 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Tax-withholding shares: 843 shares Transaction price: $7.25 per share Post-transaction holdings: 30,907 shares +2 more

5 metrics

Tax-withholding shares 843 shares Shares remitted for withholding taxes on vesting restricted stock

Transaction price $7.25 per share Value used for tax-withholding disposition of 843 shares

Post-transaction holdings 30,907 shares Common stock directly held by CFO after transaction

Transaction date 2026-04-08 Date of tax-withholding disposition reported on Form 4

Award grant date March 28, 2025 Original grant date of restricted stock that partially vested

Key Terms

restricted stock grant, withholding taxes, tax-withholding disposition, Form 4, +1 more

5 terms

restricted stock grant financial

"restricted stock grant originally awarded on March 28, 2025"

A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.

withholding taxes financial

"for payment of withholding taxes for currently vesting portion"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Spain Joseph D

(Last) (First) (Middle)

2190 DIVIDEND DR

(Street)

COLUMBUS OHIO 43228

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INTELLINETICS, INC. [ INLX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	04/08/2026		F		843	D	$7.25	30,907	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Stock remitted by Mr. Spain to the Company for payment of withholding taxes for currently vesting portion of restricted stock grant originally awarded on March 28, 2025.

	/s/ Joseph D. Spain	04/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Intellinetics (INLX) disclose in Joseph Spain’s latest Form 4?

Intellinetics reported that CFO Joseph D. Spain used 843 shares of common stock, valued at $7.25 per share, to pay withholding taxes on a vesting restricted stock grant. This is a routine compensation-related tax transaction rather than an open-market trade.

How many Intellinetics (INLX) shares did the CFO use for tax withholding?

CFO Joseph D. Spain remitted 843 shares of Intellinetics common stock to the company to cover withholding taxes on a vesting restricted stock award. The transaction price was $7.25 per share, according to the Form 4 filing and accompanying footnote disclosure.

Is the Intellinetics (INLX) CFO’s Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 843 shares were remitted back to Intellinetics to satisfy withholding taxes on a restricted stock grant vesting, as described in the filing’s transaction code F and related footnote.

What is Joseph Spain’s Intellinetics (INLX) shareholding after this Form 4?

After the tax-withholding disposition of 843 shares, CFO Joseph D. Spain directly holds 30,907 shares of Intellinetics common stock. This post-transaction ownership figure is disclosed in the Form 4 as the total shares following the reported transaction.

What triggered the Intellinetics (INLX) CFO’s tax-withholding share disposition?

The disposition was triggered by the vesting of a portion of a restricted stock grant originally awarded on March 28, 2025. To pay the associated withholding taxes, 843 Intellinetics common shares were remitted to the company, as noted in the Form 4 footnote.