Inseego (NASDAQ: INSG) CFO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Inseego Corp.’s Chief Financial Officer Steven Gatoff reported a routine tax-related share withholding. On 01/30/2026, 1,715 shares of common stock were withheld at $10.89 per share to cover his tax liabilities from the vesting of a restricted stock unit award granted on 7/30/2024.
After this transaction, Gatoff directly held 238,445 shares of Inseego common stock. The RSU grant underlying this vesting was already disclosed in a prior Form 4 filed on 8/1/2024, making this an administrative follow-on event rather than a new equity award or open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gatoff Steven
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,715 | $10.89 | $19K |
Holdings After Transaction:
Common Stock — 238,445 shares (Direct)
Footnotes (1)
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FAQ
Was the INSG CFO’s Form 4 transaction an open-market stock sale?
No, the Form 4 shows 1,715 shares were withheld to satisfy tax liabilities tied to a restricted stock unit vesting, not an open-market sale. This type of transaction is a standard mechanism for handling payroll taxes when equity awards convert into freely owned shares.
Which prior INSEGO CORP (INSG) filing is linked to this Form 4 event?
This Form 4 references a restricted stock unit grant originally reported on a Form 4 filed 8/1/2024. The 01/30/2026 transaction reflects tax withholding upon vesting of that earlier RSU award, making it a follow-up to the previously disclosed equity grant.