LVWR exec surrenders shares for tax withholding
LiveWire Group, Inc. executive Jon Bekefy, Head of Global Sales & Marketing, reported a Form 4 transaction involving company common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
LiveWire Group, Inc. executive Jon Bekefy, Head of Global Sales & Marketing, reported a Form 4 transaction involving company common stock. On this date, he disposed of 2,038 shares at $2.68 per share through a tax-withholding disposition, meaning shares were surrendered to cover tax obligations tied to restricted stock units vesting rather than sold on the open market. After this transaction, he reported ownership of 114,711 shares of common stock, which includes 105,803 unvested restricted stock units, each representing the right to receive one share upon vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,038 | $2.68 | $5K |
Footnotes (2)
- F1. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F2. Includes 105,803 unvested restricted stock units with each unit representing the contingent right to receive one share of the Issuer's common stock upon vesting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LVWR executive Jon Bekefy report on this Form 4?
Does the Form 4 for LVWR show an open-market sale by Jon Bekefy?
How many unvested restricted stock units does Jon Bekefy hold in LVWR?
What does a tax-withholding disposition mean for LVWR insider equity awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.