INTEST executive reports tax share withholding
INTEST CORP Division President–Electronic Test, Joseph Richard McManus Jr., reported a routine tax-related share disposition.
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Form Type
4
Rhea-AI Filing Summary
INTEST CORP Division President–Electronic Test, Joseph Richard McManus Jr., reported a routine tax-related share disposition. On April 28, 2026, 233 shares of common stock were withheld at $16.90 per share to cover tax obligations on vested restricted stock, leaving him with 35,460 common shares held directly. The filing also lists several employee stock options on common stock with exercise prices between $7.74 and $16.06 expiring from 2031 through 2036, which represent remaining derivative positions rather than new market transactions.
Insider Trade Summary
Exercise Price or Tax Liability: 233 shares
Exercise Price or Tax Liability
8 txns
Insider
McManus Joseph Richard Jr.
Role
Division Pres-Electronic Test
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 233 | $16.90 | $4K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 35,460 shares (Direct);
Employee Stock Option (right to buy) — 47,300 contracts (Direct)
Footnotes (6)
- F1. These shares were withheld to cover tax withholding obligations on the vesting of restricted stock on April 28, 2026.
- F2. This option vests in four equal annual installments commencing on March 16, 2027.
- F3. This option vests in four equal annual installments commencing on March 17, 2026.
- F4. This option vests in four equal annual installments commencing on March 6, 2025.
- F5. This option vests in four equal annual installments commencing on March 8, 2024.
- F6. This option is fully vested as of the date of this report.
Key Figures
Tax withholding shares: 233 shares
Withholding price: $16.90/share
Shares after transaction: 35,460 shares
+4 more
7 metrics
Tax withholding shares
233 shares
Common stock withheld for tax on restricted stock vesting
Withholding price
$16.90/share
Value per INTEST CORP share used for tax withholding
Shares after transaction
35,460 shares
Direct INTEST CORP common stock holdings post-withholding
Option 1 exercise price
$13.13
Employee stock option on 10,000 underlying shares expiring April 27, 2031
Option 2 exercise price
$8.14
Employee stock option on 13,880 underlying shares expiring April 27, 2032
Option 3 exercise price
$16.06
Employee stock option on 3,576 underlying shares expiring March 7, 2033
Latest option grant price
$14.47
Employee stock option on 4,284 underlying shares expiring March 15, 2036
Key Terms
Employee Stock Option (right to buy), restricted stock, tax withholding obligations, vests in four equal annual installments, +1 more
5 terms
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
restricted stock financial
"tax withholding obligations on the vesting of restricted stock on April 28, 2026"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligations financial
"These shares were withheld to cover tax withholding obligations on the vesting of restricted stock"
vests in four equal annual installments financial
"This option vests in four equal annual installments commencing on March 16, 2027"
fully vested financial
"This option is fully vested as of the date of this report"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did INTT executive Joseph McManus report in this Form 4?
He reported a tax-related disposition of shares. Specifically, 233 INTEST CORP common shares were withheld at $16.90 each to cover tax obligations on restricted stock that vested on April 28, 2026, leaving him with 35,460 common shares held directly.
Was the INTT Form 4 transaction an open-market sale or a tax withholding?
The transaction was a tax withholding, not an open-market sale. Footnotes state 233 common shares were withheld to satisfy tax withholding obligations related to restricted stock vesting on April 28, 2026, which is a routine compensation-related event.
What stock options are reported for the INTT executive in this Form 4?
The filing lists several employee stock options on INTEST CORP common stock. Examples include options over 10,000 underlying shares at a $13.13 exercise price expiring April 27, 2031, and 13,880 underlying shares at $8.14 expiring April 27, 2032, all held directly.
What does transaction code F mean in the INTT insider filing?
Transaction code F indicates shares were used to pay taxes or exercise costs. Here, 233 INTEST CORP shares were withheld at $16.90 each to cover tax withholding obligations on restricted stock vesting, rather than being sold on the open market.
Are the INTT executive’s stock options from this Form 4 already vested?
Vesting varies by grant. Footnotes state some options vest in four equal annual installments starting between March 2024 and March 2027, while one option is fully vested as of the report date, indicating a mix of vested and unvested awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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