Medline (MDLN) CPO has 1,889 shares withheld for RSU tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Medline Inc. Chief Product Officer Amanda H. Laabs reported a routine tax-related share disposition. On the reported date, 1,889 shares of Class A Common Stock were withheld to cover her tax liability arising from the vesting of restricted stock units, at a value of $36.61 per share. After this withholding, she directly holds 23,899 shares of Medline common stock. This event reflects compensation-related tax settlement rather than an open-market stock sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Laabs Amanda H.
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,889 | $36.61 | $69K |
Holdings After Transaction:
Class A Common Stock — 23,899 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,889 shares
Implied price per share: $36.61 per share
Shares held after transaction: 23,899 shares
3 metrics
Shares withheld for taxes
1,889 shares
Tax-withholding disposition on Class A Common Stock
Implied price per share
$36.61 per share
Value used for tax-withholding transaction
Shares held after transaction
23,899 shares
Direct holdings of Amanda H. Laabs following withholding
Key Terms
restricted stock units, tax liability, tax-withholding disposition
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 liability financial
"shares withheld to satisfy the Reporting Person's tax liability"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
FAQ
What insider transaction did Medline (MDLN) report for Amanda H. Laabs?
Medline reported that Chief Product Officer Amanda H. Laabs had 1,889 Class A shares withheld to cover taxes from restricted stock unit vesting. This is a compensation-related tax settlement, not an open-market stock purchase or sale.
What does transaction code F mean in the Medline (MDLN) Form 4 filing?
Transaction code F indicates shares were disposed of to pay taxes or an exercise price. In this case, 1,889 shares were withheld to satisfy Amanda H. Laabs’ tax liability related to restricted stock unit vesting, rather than sold on the open market.