Medline (MDLN) HR chief has 872 shares withheld for RSU tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Medline Inc. Chief Human Resources Officer Christopher P. Shryock reported a routine tax-withholding transaction involving company stock. On the vesting of restricted stock units, 872 shares of Class A Common Stock were withheld at a value of $36.61 per share to satisfy his tax liability, as noted in the footnote. After this non-market disposition for taxes, he directly holds 11,031 shares of Medline common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shryock Christopher P
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 872 | $36.61 | $32K |
Holdings After Transaction:
Class A Common Stock — 11,031 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 872 shares
Per-share value for withholding: $36.61 per share
Shares held after transaction: 11,031 shares
3 metrics
Shares withheld for taxes
872 shares
Tax-withholding disposition linked to RSU vesting
Per-share value for withholding
$36.61 per share
Value applied to 872 withheld shares
Shares held after transaction
11,031 shares
Direct holdings after tax-withholding transaction
Key Terms
restricted stock units, tax-withholding disposition, 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 disposition financial
"transaction_action: tax-withholding disposition of 872 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"security_title: Class A Common Stock reported in the filing"
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 did Medline (MDLN) executive Christopher P. Shryock report in this Form 4?
Christopher P. Shryock reported a tax-withholding disposition of Medline Class A Common Stock. 872 shares were withheld in connection with the vesting of restricted stock units to cover his related tax liability.