Lensar (LNSR) CFO reports RSU tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lensar, Inc. Chief Financial Officer Thomas R. Staab II reported a tax-related share disposition tied to vesting of restricted stock units. On this event, 1,076 shares of common stock were withheld by the company at $11.32 per share to satisfy tax withholding obligations, rather than sold on the open market. Following this withholding, Staab’s direct ownership stands at 170,459 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STAAB THOMAS R II
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,076 | $11.32 | $12K |
Holdings After Transaction:
Common Stock — 170,459 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did LNSR CFO Thomas Staab report on this Form 4?
LNSR’s CFO Thomas R. Staab II reported a tax-withholding disposition related to restricted stock units. The company withheld shares upon vesting to cover taxes, rather than Staab selling shares in an open-market transaction.
Was the LNSR CFO’s Form 4 transaction an open-market sale?
No, the filing describes a tax-withholding disposition, not an open-market sale. Shares were withheld by Lensar to cover tax obligations when restricted stock units vested, as noted in the transaction code F and related footnote.
What does transaction code F mean in the LNSR Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, it reflects shares of Lensar common stock withheld by the issuer to satisfy tax withholding obligations when restricted stock units vested.
Does the LNSR Form 4 indicate direct or indirect ownership for the CFO?
The Form 4 lists the CFO’s ownership as direct, coded “D” for the common stock involved. After the tax-withholding disposition, his directly owned Lensar shares total 170,459, according to the filing’s ownership details.