Invesco (NYSE: IVZ) CFO uses 52,003 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Invesco Ltd. Chief Financial Officer Laura Allison Dukes reported a routine tax-related share disposition. On the reported date, 52,003 Common Shares were delivered at $27.01 per share to satisfy tax obligations, classified as a tax-withholding disposition rather than an open-market sale. After this transaction, she directly holds 290,258 Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DUKES LAURA ALLISON
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 52,003 | $27.01 | $1.40M |
Holdings After Transaction:
Common Shares — 290,258 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 52,003 shares
Per-share value: $27.01 per share
Post-transaction holdings: 290,258 shares
3 metrics
Tax-withholding shares
52,003 shares
Common Shares delivered to satisfy tax liability
Per-share value
$27.01 per share
Value used for tax-withholding disposition
Post-transaction holdings
290,258 shares
Direct Common Shares held after disposition
Key Terms
tax-withholding disposition, transaction code F, Form 4
3 terms
tax-withholding disposition financial
"classified as a tax-withholding disposition rather than an open-market sale"
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.
transaction code F regulatory
"Transaction code F indicates payment of an exercise price or tax liability"
Form 4 regulatory
"reflected as a routine Form 4 tax-withholding event"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Invesco (IVZ) CFO Laura Allison Dukes report?
Laura Allison Dukes reported a tax-withholding disposition of 52,003 Invesco Common Shares. The shares were delivered to cover tax obligations, not sold in the open market, and are classified under transaction code F on the Form 4.
What does transaction code F mean in the Invesco (IVZ) CFO’s Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. For Invesco’s CFO, it reflects 52,003 Common Shares delivered to cover tax obligations, distinguishing this event from an open-market purchase or sale of stock.
Is the Invesco (IVZ) CFO’s Form 4 filing a sign of discretionary selling?
The filing shows a tax-withholding disposition, not a discretionary sale. Code F indicates shares were delivered to cover tax liabilities, and the Form 4 notes this as a payment of tax, which generally carries less informational value than an open-market sale.