WM Technology (NASDAQ: MAPS) General Counsel has shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WM Technology, Inc. General Counsel Brian Camire reported a routine share disposition related to taxes. The company withheld 82,910 shares of Class A Common Stock at a value of $0.385 per share to cover tax obligations from vesting restricted stock units. After this tax-withholding event, Camire directly holds 1,658,743 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Camire Brian
Role
GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 82,910 | $0.385 | $32K |
Holdings After Transaction:
Class A Common Stock — 1,658,743 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 82,910 shares
Tax-withholding price: $0.385 per share
Shares held after transaction: 1,658,743 shares
+2 more
5 metrics
Shares withheld for taxes
82,910 shares
Tax-withholding disposition on Class A Common Stock
Tax-withholding price
$0.385 per share
Value used for withheld shares
Shares held after transaction
1,658,743 shares
Direct Class A Common Stock ownership after withholding
Tax-withholding transactions
1 transaction
Count of F-code dispositions in this Form 4
Tax-withholding shares total
82,910 shares
TaxWithholdingShares from transaction summary
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock, Form 4
4 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
"withheld by the Issuer to satisfy tax withholding obligations"
Class A Common Stock financial
"security_title": "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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did WM Technology (MAPS) report for Brian Camire?
WM Technology reported that General Counsel Brian Camire had 82,910 shares of Class A Common Stock withheld. The shares were used to satisfy tax obligations arising from vesting restricted stock units, not from an open-market sale.
Was the WM Technology (MAPS) Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to meet tax obligations triggered by the vesting of restricted stock units granted to the General Counsel.