Mobility Global CLO has 9,007 shares withheld
Mobility Global’s chief legal officer had shares withheld for taxes on RSU vesting and now directly holds 149,858 MBGL shares.
Rhea-AI Filing Summary
Mobility Global Inc. (MBGL) reports that Chief Legal Officer Matharu Taptesh (Tasha) K. had 9,007 shares of common stock withheld on September 1, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units originally granted on September 1, 2023. After this tax-withholding disposition, the officer directly holds 149,858 shares of common stock. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
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Negative
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Insider Trade Summary
Tax Withholding: 9,007 shares
Tax Withholding
1 txn
Insider
Matharu Taptesh (Tasha) K.
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 9,007 | $19.83 | $179K |
Holdings After Transaction:
Common Stock — 149,858 shares (Direct)
Footnotes (1)
- F1. Shares reported were withheld to satisfy tax withholding obligations with respect to the vesting of a grant of restricted stock units originally made on September 1, 2023.
Key Figures
Shares withheld for tax: 9,007 shares
Per-share value for tax withholding: $19.83 per share
Shares held after transaction: 149,858 shares
+1 more
4 metrics
Shares withheld for tax
9,007 shares
Common stock withheld on September 1, 2026 to satisfy tax withholding obligations
Per-share value for tax withholding
$19.83 per share
Applied to the 9,007 withheld shares on September 1, 2026
Shares held after transaction
149,858 shares
Direct holdings of the Chief Legal Officer after the September 1, 2026 disposition
RSU grant date
September 1, 2023
Original grant date of restricted stock units whose vesting caused the tax withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"with respect to the vesting of a grant of restricted stock units originally made"
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
"Shares reported were withheld to satisfy tax withholding obligations with respect"
Form 4 regulatory
"This Form 4 filing reports the tax-withholding disposition by the officer"
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 Mobility Global Inc. (MBGL) disclose?
Mobility Global Inc. disclosed that on September 1, 2026 its Chief Legal Officer had 9,007 shares of common stock withheld to satisfy tax withholding obligations related to vesting restricted stock units granted on September 1, 2023.
Was the MBGL insider transaction part of a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for this transaction; the document-level checkbox for such a plan is not selected.
AI-generated analysis. How Rhea-AI works. Not financial advice.