Inspire Medical interim CFO covers taxes with shares
Inspire Medical Systems interim CFO Richard Buchholz disposed of 579 shares of common stock at $59.76 per share to cover taxes due on the vesting of a restricted stock unit award.
Rhea-AI Filing Summary
Inspire Medical Systems interim CFO Richard Buchholz disposed of 579 shares of common stock at $59.76 per share to cover taxes due on the vesting of a restricted stock unit award. After this tax-withholding disposition, he directly holds 43,988 shares and indirectly holds 1,475 shares through his son.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 579 shares
Exercise Price or Tax Liability
3 txns
Insider
Buchholz Richard
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 579 | $59.76 | $35K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 43,988 shares (Direct);
Common Stock — 2,950 shares (Indirect, By Son)
Footnotes (1)
- F1. Reflects shares of common stock that were withheld by the Issuer to satisfy taxes incident to vesting of a restricted stock unit award.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Inspire Medical Systems (INSP) report for Richard Buchholz?
Inspire Medical Systems reported that interim CFO Richard Buchholz had 579 shares of common stock withheld to cover taxes on a restricted stock unit vesting. This tax-withholding disposition used existing shares rather than an open-market sale.
Was the Inspire Medical Systems (INSP) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 579 shares were withheld by Inspire Medical Systems to cover taxes due on a restricted stock unit vesting, a common administrative tax-withholding mechanism for equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.