Keel Infrastructure EVP exercises RSUs, shares withheld
Keel Infrastructure Corp. executive Rachel Rose Silverstein, EVP, General Counsel and Corporate Secretary, had 18,370 restricted stock units vest into common stock on July 10, 2026.
Rhea-AI Filing Summary
Keel Infrastructure Corp. executive Rachel Rose Silverstein, EVP, General Counsel and Corporate Secretary, had 18,370 restricted stock units vest into common stock on July 10, 2026. 6,837 shares were withheld by the company to satisfy tax obligations at $4.67 per share, based on a CAD/USD exchange rate reference. Following these transactions, she holds 12,923 common shares directly and 36,739 restricted stock units that vest yearly in three equal installments starting July 10, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,370 shares exercised/converted
Exercise
3 txns
Insider
Silverstein Rachel Rose
Role
EVP, General Counsel, Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 18,370 | $0.00 | $0.00 |
| Exercise | Common Stock | 18,370 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1, F2 | 6,837 | $4.67 | $32K |
Holdings After Transaction:
Restricted Stock Units — 36,739 contracts (Direct);
Common Stock — 12,923 shares (Direct)
Footnotes (4)
- F1. Represents shares of common stock withheld by the issuer to satisfy tax withholding upon the vesting of restricted stock units ("RSUs").
- F2. The price was converted into its U.S. Dollar equivalent using an exchange rate on July 10, 2026 at CAD 1.00 = USD 0.7058.
- F3. Each RSU represents a contingent right to receive one share of common stock or an equivalent value in cash at the issuer's election.
- F4. Represents RSUs that vest yearly in three equal installments starting July 10, 2026.
Key Figures
RSUs converted to common stock: 18,370 shares
Shares withheld for taxes: 6,837 shares
Price per share for tax withholding: $4.67 per share
+3 more
6 metrics
RSUs converted to common stock
18,370 shares
Restricted stock units exercised into common stock on July 10, 2026
Shares withheld for taxes
6,837 shares
Common stock withheld to satisfy tax obligations upon RSU vesting
Price per share for tax withholding
$4.67 per share
Value used for shares withheld on July 10, 2026
Common shares held after transactions
12,923 shares
Direct common stock ownership following July 10, 2026 transactions
Restricted Stock Units outstanding
36,739 RSUs
RSUs held after July 10, 2026, vesting yearly in three equal installments
CAD to USD exchange rate
CAD 1.00 = USD 0.7058
Exchange rate used to convert the transaction price on July 10, 2026
Key Terms
Restricted Stock Units, derivative security, contingent right, tax withholding
4 terms
Restricted Stock Units financial
"upon the vesting of restricted stock units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction code description notes an exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
tax withholding financial
"shares of common stock withheld by the issuer to satisfy tax withholding"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Keel Infrastructure (KEEL) report for Rachel Rose Silverstein?
Rachel Rose Silverstein reported 18,370 restricted stock units vesting into common stock on July 10, 2026. In connection with this vesting, 6,837 shares of common stock were withheld by Keel Infrastructure to cover tax obligations, with no open-market purchases or sales disclosed.
Were the KEEL insider transactions open-market buys or sells?
No, the reported KEEL transactions were not open-market buys or sells. They reflect RSU vesting and a derivative exercise, plus a Form 4 code F event where shares were withheld for tax withholding purposes, rather than discretionary trading in the market.
What does the Form 4 code F mean in the KEEL filing for Rachel Rose Silverstein?
In this KEEL Form 4, transaction code F indicates shares were withheld to satisfy tax withholding obligations. Specifically, 6,837 shares of common stock were retained by Keel Infrastructure to cover taxes owed upon vesting of restricted stock units, not sold on the open market.
How do Rachel Rose Silverstein’s RSUs at Keel Infrastructure (KEEL) vest?
According to the disclosure, the restricted stock units vest yearly in three equal installments starting July 10, 2026. Each RSU represents a contingent right to receive one share of common stock or equivalent cash value, at Keel Infrastructure’s election.
AI-generated analysis. How Rhea-AI works. Not financial advice.
