WM Technology (MAPS) CTO left holding 1.41M shares
Rhea-AI Filing Summary
WM TECHNOLOGY, INC. (MAPS) reported that Chief Technology Officer Sarah Griffis had 59,025 shares of Class A Common Stock withheld on 2026-08-17 to satisfy tax withholding obligations upon vesting of restricted stock units. The shares were valued at $0.4020 per share, and she now directly holds 1,410,918 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 59,025 shares
Net Sell
1 txn
Insider
Griffis Sarah
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 59,025 | $0.402 | $24K |
Holdings After Transaction:
Class A Common Stock — 1,410,918 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 59,025 shares
Per-share value for withholding: $0.4020 per share
Shares held after transaction: 1,410,918 shares
+1 more
4 metrics
Shares withheld for taxes
59,025 shares
Class A Common Stock withheld to satisfy tax obligations on 2026-08-17
Per-share value for withholding
$0.4020 per share
Value applied to the 59,025 withheld shares
Shares held after transaction
1,410,918 shares
Direct holdings of Sarah Griffis following the tax-withholding transaction
Code F shares
59,025 shares
Exercise price or tax liability-related disposition reported in transactionSummary
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units"
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.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
Class A Common Stock financial
"Represents shares withheld by the Issuer of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What transaction did MAPS executive Sarah Griffis report on this Form 4?
Sarah Griffis reported that 59,025 MAPS shares of Class A Common Stock were withheld on 2026-08-17 to cover tax withholding obligations related to vesting restricted stock units, rather than an open-market sale.
What is the nature of the Form 4 transaction reported for MAPS on 2026-08-17?
The transaction is coded F, indicating payment of tax liability by withholding securities. WM TECHNOLOGY, INC. withheld 59,025 shares tied to vesting restricted stock units held by CTO Sarah Griffis.
AI-generated analysis. How Rhea-AI works. Not financial advice.