INTEST (INTT) division president logs routine tax share withholdings
Rhea-AI Filing Summary
INTEST CORP Division President–Electronic Test, Joseph Richard McManus Jr., reported tax-related share withholdings rather than open-market trades. On March 6 and 8, 2026, a total of 333 shares of common stock were withheld at $13.24 per share to cover tax obligations on vesting restricted stock. After these transactions, he directly holds 30,919 shares of common stock. He also retains multiple employee stock options, including grants exercisable at $7.74, $8.14, $11.33, $13.13, and $16.06 per share with expirations between 2031 and 2035, several of which vest in equal annual installments.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on equity vesting; no open-market buying or selling.
The filing shows tax-withholding dispositions only. A total of 333 shares of INTEST CORP common stock were withheld at $13.24 per share on March 6 and 8, 2026 to satisfy tax obligations on restricted stock vesting.
These F-code events are mechanical and not discretionary trades, so they carry limited signaling value about management’s view of the stock. McManus still directly owns 30,919 shares and holds several option awards with exercise prices between $7.74 and $16.06, expiring from 2031 through 2035.
Some options vest in four equal annual installments beginning on dates such as March 6, 2025 and March 17, 2026, and one grant is already fully vested as of this report. Future vesting will depend on continued service and plan terms but is not detailed further here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 130 | $13.24 | $2K |
| Tax Withholding | Common Stock | 203 | $13.24 | $3K |
| 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) | -- | -- | -- |
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. This option vests in four equal annual installments commencing on March 8, 2024. This option vests in four equal annual installments commencing on April 28, 2023. This option is fully vested as of the date of this report.
