Inuvo director exercises 36,667 units, pays taxes in shares
Inuvo, Inc. director Richard K. Howe exercised equity awards and settled related taxes.
Rhea-AI Filing Summary
Inuvo, Inc. director Richard K. Howe exercised equity awards and settled related taxes. On April 1, 2026, he exercised 36,667 restricted stock units, receiving the same number of common shares at a reported exercise price of $0.00 per share.
To cover tax obligations, 15,143 common shares were withheld at $2.14 per share as a tax-withholding disposition. After these transactions, Howe directly held 547,916 shares of Inuvo common stock. All referenced restricted stock units represent a contingent right to receive one share of common stock each and were adjusted for a prior 1-for-10 reverse stock split.
Positive
- None.
Negative
- None.
Insider Trade Summary
36,667 shares exercised/converted
Exercise
3 txns
Insider
Howe Richard K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 36,667 | $0.00 | $0.00 |
| Exercise | Common Stock | 36,667 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 15,143 | $2.14 | $32K |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 547,916 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- F2. The restricted stock units become vested 33.33% per year beginning on the first anniversary of the date of grant.
- F3. Adjusted to reflect a 1-for-10 reverse stock split that occurred on June 10, 2025.
Key Figures
Restricted stock units exercised: 36,667 units
Common shares acquired from exercise: 36,667 shares
Shares withheld for taxes: 15,143 shares
+3 more
6 metrics
Restricted stock units exercised
36,667 units
Exercised on April 1, 2026 into common stock
Common shares acquired from exercise
36,667 shares
Received upon RSU exercise at $0.00 per share
Shares withheld for taxes
15,143 shares
Tax-withholding disposition at $2.14 per share
Share price for tax withholding
$2.14 per share
Applied to 15,143 common shares withheld
Shares held after transactions
547,916 shares
Direct Inuvo common stock ownership after April 1, 2026
Reverse stock split ratio
1-for-10
Prior reverse split adjustment noted in footnote
Key Terms
Restricted Stock Unit, Exercise or conversion of derivative security, tax-withholding disposition, reverse stock split, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
reverse stock split financial
"Adjusted to reflect a 1-for-10 reverse stock split that occurred"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Inuvo (INUV) director Richard Howe report?
Richard K. Howe reported exercising 36,667 restricted stock units into the same number of Inuvo common shares. A portion of those shares was then withheld to satisfy tax obligations, reflecting a routine compensation-related equity transaction rather than an open-market stock purchase or sale.
What does the tax-withholding disposition mean in the Inuvo (INUV) Form 4?
The tax-withholding disposition reflects 15,143 Inuvo common shares withheld at $2.14 per share to cover exercise-related tax liabilities. This is not an open-market sale; shares are retained by the issuer to satisfy taxes triggered by the equity award exercise.
What type of equity award did Richard Howe exercise at Inuvo (INUV)?
He exercised restricted stock units, where each unit represented a contingent right to receive one share of Inuvo common stock. These units vested over time, and their amounts were adjusted for a prior 1-for-10 reverse stock split before the reported exercise.
How many derivative securities remain after Richard Howe’s Inuvo (INUV) transactions?
The filing’s derivative summary is empty after this exercise, indicating no remaining restricted stock units from this specific award. All 36,667 units converted into common stock, with future equity exposure now reflected entirely in his common share holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
