[Form 4] iRobot Corporation Insider Trading Activity
Wong Karian, EVP and Chief Financial Officer of iRobot Corporation (IRBT), reported a Form 4 filing documenting an individual transaction dated 09/10/2025. The filing shows 195 shares of iRobot common stock were disposed as shares were withheld by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units. After this withholding, the reporting person beneficially owns 215,417 shares, held in a direct ownership form. The Form 4 was signed by attorney-in-fact Kevin Lanouette on 09/11/2025. The disclosure identifies the transaction price for the withheld shares as $3.41 per share. No other derivative transactions or additional details are reported in this Form 4.
- Transparency maintained: Officer disclosed the transaction via Form 4 as required
- Continued substantial ownership: Reporting person retains 215,417 shares after withholding
- Minor disposition recorded: 195 shares were disposed/withheld to cover tax obligations
Insights
TL;DR: Small tax-withholding disposition from RSU vesting; beneficial ownership remains material in absolute terms but transaction size is immaterial.
The Form 4 documents a routine administrative disposition of 195 shares withheld to cover taxes related to RSU vesting at a reported price of $3.41. Such withholdings are common and do not indicate active selling into the market. The reporting person retains 215,417 shares directly after the transaction, which is the primary holding metric investors will note. From a financial perspective, the single-line disposition is immaterial to company capitalization and provides no new operational or strategic insight.
TL;DR: This is a routine compliance disclosure tied to equity compensation vesting; no governance concern is evident from the filing.
The explanation explicitly states the shares were withheld by the issuer to satisfy tax withholding on vested restricted stock units, which aligns with standard compensation and reporting practices. The filing identifies the reporting person as an officer (EVP, CFO) and shows direct beneficial ownership of 215,417 shares, maintaining transparency required under Section 16. There are no indications of discretionary open-market sales or other governance red flags in this document.