Inseego CAO reports 465-share tax withholding
Rhea-AI Filing Summary
INSEEGO CORP. Chief Accounting Officer James Paul McClaskey had 465 shares of common stock withheld on July 15, 2026 to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units. This tax-withholding disposition did not involve an open-market sale, and he continues to hold 40,096 shares directly.
The RSU award was granted on July 30, 2024 and its vesting schedule was changed from monthly vesting over four years (with one-fourth vesting on the first anniversary and 1/48th monthly thereafter) to a quarterly vesting schedule that includes a 7.5% acceleration of vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 465 | $7.86 | $4K |
Footnotes (1)
- F1. Represents shares withheld to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units (RSUs) granted on 7/30/2024. The RSU grant was previously reported in Table I of the reporting person's Form 3 filed on 10/2/2024. The vesting schedule for the award was subsequently modified from an initial structure of monthly vesting over four years (with one-fourth vesting on the first anniversary of the grant date and 1/48th vesting monthly thereafter) to a quarterly vesting schedule, including a 7.5% acceleration of vesting.
Key Figures
Key Terms
restricted stock units (RSUs) financial
tax withholding obligations financial
quarterly vesting schedule financial
acceleration of vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INSEEGO CORP. (INSG) report for its Chief Accounting Officer?
Which RSU grant was involved in the INSG insider tax-withholding event?
How was the RSU vesting schedule for INSEEGO CORP. (INSG) modified for this award?
What does transaction code F mean in the INSG insider report?
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