inTEST (INTT) division president has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
inTEST Corp division president Michael F. Goodrich reported a routine tax-related share disposition. On March 6, 2026, 148 shares of common stock were withheld at $13.24 per share to cover tax obligations on the vesting of restricted stock, rather than sold in the open market.
Following this withholding, Goodrich directly holds 19,685 shares of inTEST common stock. He also retains employee stock options to buy additional shares, including options with an exercise price of $7.74 per share expiring on March 16, 2035 and options at $11.33 per share expiring on March 5, 2034, which vest in four equal annual installments starting in 2025 and 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Goodrich Michael F.
Role
Division Pres-Process Tech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 148 | $13.24 | $2K |
| 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 — 19,685 shares (Direct);
Employee Stock Option (right to buy) — 1,172 shares (Direct)
Footnotes (1)
- These shares were withheld to cover tax withholding obligations on the vesting of restricted stock. This option vests in four equal annual installments commencing on March 17, 2026. This option vests in four equal annual installments commencing on March 17, 2026. This option vests in four equal annual installments commencing on March 6, 2025.
FAQ
What insider transaction did inTEST (INTT) report for Michael F. Goodrich?
inTEST reported that division president Michael F. Goodrich had 148 common shares withheld on March 6, 2026 at $13.24 per share. The shares covered tax obligations from restricted stock vesting, not an open-market sale.
What stock options does Michael F. Goodrich have in inTEST (INTT)?
Goodrich holds employee stock options to buy inTEST common stock, including grants at exercise prices of $7.74 and $11.33 per share. These options expire in 2035 and 2034 and vest in four equal annual installments starting in 2025 and 2026.
Is the inTEST (INTT) Form 4 transaction a strong bullish or bearish signal?
The disclosed event is a routine tax-withholding transaction, not an open-market buy or sell. Shares were withheld to cover tax on restricted stock vesting, which generally carries little direct signaling value about management’s view of inTEST’s prospects.