MAPS Director's Stock Sale: Tax Withholding Drives 62K Share Disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WM Technology (MAPS) director Olga Gonzalez reported a sale of 62,501 shares of Class A Common Stock on June 24, 2025 at a weighted average price of $0.9115 per share. Following the transaction, Gonzalez retains direct ownership of 432,690 shares.
Key transaction details:
- The sale was executed under a Rule 10b5-1 trading plan established on September 4, 2024
- The transaction was specifically to cover tax withholding obligations from vesting restricted stock units and related brokerage fees
- Sale prices ranged from $0.9101 to $0.9208 per share
- The transaction was reported through an attorney-in-fact, Brian Camire
This insider sale represents a routine transaction related to tax obligations rather than a discretionary trading decision by the director.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 62,501 shares ($56,970)
Net Sell
1 txn
Insider
Gonzalez Olga
Role
Director
Sold
62,501 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 62,501 | $0.9115 | $57K |
Holdings After Transaction:
Class A Common Stock — 432,690 shares (Direct)
Footnotes (1)
- The Reporting Person sold the number of shares of Class A common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees. Shares sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 4, 2024. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $0.9101 to $0.9208. Upon request, the Reporting Person will provide full information regarding the number of shares sold at each separate price to the SEC, the Issuer or a security holder of the Issuer.
FAQ
What was the purpose of Olga Gonzalez's MAPS stock sale in June 2025?
The sale was made to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as related brokerage commission fees. The transaction was executed pursuant to a 10b5-1 trading plan adopted by Gonzalez on September 4, 2024.
When did Olga Gonzalez establish her 10b5-1 trading plan for MAPS stock?
Olga Gonzalez adopted her 10b5-1 trading plan for WM Technology (MAPS) stock on September 4, 2024.