Tax withholding transaction leaves LENSAR (LNSR) CEO share stake unchanged
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LENSAR, Inc. Chief Executive Officer and director Nicholas T. Curtis reported an administrative Form 4 transaction coded as an "other acquisition or disposition" of common stock. A footnote explains that Mr. Curtis paid cash to cover tax withholding obligations related to previously vested restricted stock units, and the number of shares reported as beneficially owned did not change. Following this transaction, he continued to hold 992,096 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CURTIS NICHOLAS T
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 0 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 992,096 shares (Direct)
Footnotes (1)
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FAQ
What did LENSAR (LNSR) CEO Nicholas T. Curtis report on this Form 4?
Nicholas T. Curtis reported an "other" Form 4 transaction related to LENSAR common stock. The filing explains he paid cash to satisfy tax withholding from vested restricted stock units, and his reported share ownership remained unchanged after the transaction.
What does the tax withholding footnote mean in the LENSAR (LNSR) Form 4?
The footnote clarifies that Mr. Curtis paid cash to cover tax withholding from vesting restricted stock units. Because he used cash rather than shares to satisfy this obligation, the number of LENSAR common shares reported as beneficially owned did not decrease or increase.
What is the significance of transaction code "J" in this LNSR Form 4?
Transaction code "J" denotes an "other acquisition or disposition" of securities. In this case, it reflects a tax-related event where the LENSAR CEO paid cash for withholding on vested restricted stock units, with no resulting change in his share count.