KinderCare (KLC) CEO John T. Wyatt has shares withheld to cover taxes
Rhea-AI Filing Summary
KinderCare Learning Companies, Inc. director and Chief Executive Officer John T. Wyatt reported a tax-related share disposition. On the vesting of restricted stock units, 1,435 shares of Common Stock were withheld by the company to cover his tax withholding obligations at a reference price of $3.72 per share. After this tax-withholding disposition, Wyatt directly owned 71,494 shares of Common Stock, reflecting his continuing equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,435 shares
Net Sell
1 txn
Insider
Wyatt John T.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,435 | $3.72 | $5K |
Holdings After Transaction:
Common Stock — 71,494 shares (Direct)
Footnotes (1)
- F1. Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KinderCare (KLC) CEO John T. Wyatt report?
John T. Wyatt reported a tax-withholding disposition of shares. The company withheld 1,435 shares of Common Stock to satisfy his tax obligations when restricted stock units vested, rather than an open-market stock sale.
What does Form 4 transaction code F mean in the KinderCare (KLC) filing?
Code F indicates payment of a tax liability or exercise price by delivering securities. In this KinderCare Form 4, it reflects shares withheld by the issuer to satisfy John T. Wyatt’s tax obligations when his restricted stock units vested.