Inseego CEO has 6,749 shares withheld for taxes
Rhea-AI Filing Summary
INSEEGO CORP. Chief Executive Officer Juho Sarvikas reported a tax-withholding disposition of 6,749 shares of common stock on 2026-07-15 at $7.86 per share, covering tax liabilities from the vesting of a restricted stock unit (RSU) award granted on 01/06/2025.
These shares were withheld to satisfy taxes rather than sold in the open market, and Sarvikas now directly holds 243,956 shares of Inseego common stock. The related RSU award's vesting schedule was modified to quarterly vesting, including a 7.5% acceleration of vesting.
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Insider Trade Summary
Tax Withholding: 6,749 shares
Tax Withholding
1 txn
Insider
Sarvikas Juho
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 6,749 | $7.86 | $53K |
Holdings After Transaction:
Common Stock — 243,956 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to cover payment of the tax liabilities of the reporting person related to the vesting of shares from a restricted stock unit (RSU) award that was granted on 01/06/2025. The grant of the RSU was previously reported in Table I of reporting person's Form 4 filed on 01/07/2025.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
Shares withheld for taxes: 6,749 shares
Tax withholding price: $7.86 per share
Shares held after transaction: 243,956 shares
+2 more
5 metrics
Shares withheld for taxes
6,749 shares
Tax-withholding disposition on 2026-07-15 related to RSU vesting
Tax withholding price
$7.86 per share
Value used for shares withheld on 2026-07-15
Shares held after transaction
243,956 shares
Direct holdings of Juho Sarvikas following the 2026-07-15 tax withholding event
RSU grant date
01/06/2025
Date of the restricted stock unit award tied to this vesting and withholding
Vesting acceleration
7.5%
Acceleration of vesting when the RSU schedule was modified to quarterly vesting
Key Terms
restricted stock unit, vesting schedule, tax liabilities, quarterly vesting
4 terms
restricted stock unit financial
"vesting of shares from a restricted stock unit (RSU) award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting schedule financial
"The vesting schedule for the award was subsequently modified"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
tax liabilities financial
"shares withheld to cover payment of the tax liabilities of the reporting person"
quarterly vesting financial
"modified from an initial structure of monthly vesting over four years to a quarterly vesting schedule"
FAQ
What insider transaction did Inseego (INSG) CEO Juho Sarvikas report?
Juho Sarvikas reported 6,749 shares of Inseego common stock withheld on 2026-07-15 at $7.86 per share to cover tax liabilities from RSU vesting, rather than an open-market sale, under a previously granted RSU award.
Was the Inseego (INSG) CEO’s recent Form 4 a discretionary stock sale?
No. The Form 4 reflects tax-withholding shares from RSU vesting, not a discretionary open-market sale. Shares were withheld to pay the CEO’s tax liabilities tied to an RSU grant dated 01/06/2025.
What RSU award is connected to the Inseego (INSG) CEO’s tax-withholding event?
The tax-withholding event relates to an RSU award granted on 01/06/2025. Its vesting schedule, initially structured for monthly vesting over four years, was later changed to quarterly vesting with a 7.5% acceleration of vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.