Inseego (INSG) CEO withholds 7,845 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSEEGO CORP. Chief Executive Officer Juho Sarvikas reported two tax-related share dispositions of common stock. A total of 7,845 shares were withheld at $14.14 per share to satisfy his tax liabilities arising from the vesting of previously granted restricted stock units (RSUs), rather than through open-market sales. These RSU awards were granted on December 24, 2025 and January 6, 2025, and their vesting schedules were modified to quarterly vesting with a 7.5% acceleration of vesting. After these tax-withholding transactions, Sarvikas directly holds 250,705 shares of Inseego common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sarvikas Juho
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,686 | $14.14 | $52K |
| Tax Withholding | Common Stock | 4,159 | $14.14 | $59K |
Holdings After Transaction:
Common Stock — 254,864 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units (RSUs) granted on December 24, 2025. The RSU grant was previously reported in Table I of the reporting person's Form 4 filed on December 29, 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. 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: 7,845 shares
Withholding price: $14.14 per share
Shares held after transactions: 250,705 shares
+3 more
6 metrics
Shares withheld for taxes
7,845 shares
Tax withholding on RSU vesting
Withholding price
$14.14 per share
Value used for tax-withholding dispositions
Shares held after transactions
250,705 shares
Common stock directly held by CEO after tax withholding
First RSU grant date
December 24, 2025
RSU award linked to one tax-withholding entry
Second RSU grant date
January 6, 2025
RSU award linked to the other tax-withholding entry
Vesting acceleration
7.5%
Acceleration applied to modified quarterly RSU vesting schedule
Key Terms
restricted stock units (RSUs), tax withholding obligations, vesting schedule, quarterly vesting schedule, +1 more
5 terms
restricted stock units (RSUs) financial
"vesting of restricted stock units (RSUs) granted on December 24, 2025"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
tax withholding obligations financial
"shares withheld to satisfy the reporting person's tax withholding obligations"
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.
quarterly vesting schedule financial
"modified from an initial structure of monthly vesting over four years ... to a quarterly vesting schedule"
acceleration of vesting financial
"to a quarterly vesting schedule, including a 7.5% acceleration of vesting"
FAQ
What did INSG CEO Juho Sarvikas report in this Form 4 filing?
Juho Sarvikas reported share dispositions used solely for tax withholding, not open-market sales. INSEEGO CORP. withheld 7,845 common shares at $14.14 per share to cover his tax obligations from vesting restricted stock units, leaving him with 250,705 directly held shares.
What INSG equity awards are linked to these tax-withholding transactions?
The tax-withholding transactions relate to restricted stock unit (RSU) awards granted on December 24, 2025 and January 6, 2025. Both awards were previously reported, and their vesting schedules were later changed from monthly to quarterly vesting with a 7.5% vesting acceleration.
What changed in the vesting schedule of the INSG restricted stock units?
The RSU vesting schedule shifted from monthly vesting over four years to a quarterly schedule. Initially structured with one-fourth vesting after one year and 1/48th monthly thereafter, it was modified to quarterly vesting and included a 7.5% acceleration of vesting for the affected awards.