Inseego (INSG) CAO reports 215-share RSU tax withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Inseego Corp. Chief Accounting Officer reports tax-related share withholding
James Paul McClaskey, Chief Accounting Officer of Inseego Corp. (INSG), reported the withholding of 215 shares of common stock on January 30, 2026. The shares were withheld at $10.89 per share to cover tax liabilities from the vesting of a restricted stock unit (RSU) award granted on July 30, 2024.
After this transaction, McClaskey beneficially owns 42,238 shares of Inseego common stock in direct ownership. The RSU grant underlying this vesting event had been previously disclosed in his earlier Form 3 filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McClaskey James Paul
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 215 | $10.89 | $2K |
Holdings After Transaction:
Common Stock — 42,238 shares (Direct)
Footnotes (1)
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FAQ
What did Inseego (INSG) Chief Accounting Officer report in this Form 4?
The Form 4 reports that Chief Accounting Officer James Paul McClaskey had 215 Inseego common shares withheld at $10.89 per share to cover taxes from an RSU vesting, leaving him with 42,238 directly owned shares after the transaction.
Was the Inseego (INSG) Form 4 a discretionary stock sale by the officer?
No, the filing shows 215 shares withheld to satisfy tax liabilities from a vested RSU award, not an open-market or discretionary sale. This type of transaction is typically automatic when equity awards vest and taxes become due for the reporting person.
What triggered the tax withholding reported on Inseego (INSG) Chief Accounting Officer’s Form 4?
The withholding was triggered by the vesting of an RSU award granted on July 30, 2024. When the RSU vested, 215 shares of Inseego stock were withheld to cover the reporting person’s tax obligations tied to that equity compensation.
Was the RSU award in the Inseego (INSG) Form 4 previously disclosed?
Yes. The footnote explains that the RSU award, from which the vested shares arose, was previously reported in Table I of James Paul McClaskey’s Form 3 filed on October 2, 2024, indicating it was already on record before this Form 4.