GEE Group (JOB) CEO Derek Dewan details Form 4 forfeiture and tax-share withholding
Rhea-AI Filing Summary
GEE Group Inc. CEO Derek E. Dewan reported two equity award-related share reductions in company stock. On December 2, 2025, 210,443 performance-based restricted common shares were forfeited after performance conditions tied to an award granted on December 2, 2022 were not met, at a reference price of $0.19 per share. On January 7, 2026, 55,165 restricted shares were withheld by the company at $0.20 per share to cover Dewan’s tax obligations on the vesting of 238,353 previously granted restricted shares.
After these transactions, Dewan directly beneficially owned 2,629,458 shares of GEE Group common stock. His holdings include 71,944 restricted shares granted on December 1, 2023 that vest on December 1, 2026, and he may earn up to an additional 71,944 performance-based restricted shares in the future, subject to meeting specified performance measures.
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FAQ
What insider transactions did GEE Group (JOB) CEO Derek Dewan report?
Derek E. Dewan reported two Form 4 transactions in GEE Group common stock: a forfeiture of 210,443 performance-based restricted shares on December 2, 2025, and the withholding of 55,165 restricted shares on January 7, 2026 to satisfy tax obligations.
How many GEE Group (JOB) shares does CEO Derek Dewan own after these Form 4 transactions?
Following the reported transactions, Derek E. Dewan directly beneficially owned 2,629,458 shares of GEE Group Inc. common stock.
Were Derek Dewans GEE Group (JOB) Form 4 transactions open-market sales?
No. The filing describes a forfeiture of 210,443 performance-based restricted shares and shares withheld by the issuer to cover Dewans tax withholding obligation on vesting restricted stock, rather than discretionary open-market sales.
What performance-based GEE Group (JOB) shares were forfeited by CEO Derek Dewan?
The Form 4 states that 210,443 performance-based restricted common shares awarded on December 2, 2022 were forfeited because they were subject to performance-based measures that were not achieved.
How many GEE Group (JOB) restricted shares were withheld for Derek Dewans taxes?
The company withheld 55,165 restricted common shares from Derek E. Dewan on January 7, 2026 to satisfy his tax withholding obligation upon the vesting of 238,353 previously granted restricted shares.
What future GEE Group (JOB) restricted stock could Derek Dewan still receive?
The filing notes that Dewan holds 71,944 restricted shares granted on December 1, 2023 that vest on December 1, 2026, and he is eligible to earn up to an additional 71,944 performance-based restricted shares under the companys Annual Incentive Compensation Program, subject to future performance measures.