MIAX CFO surrenders shares for tax withholding
MIAMI INTERNATIONAL HOLDINGS, INC. executive vice president and CFO Lance Emmons surrendered 8,350 shares of common stock at $37.50 per share on March 30, 2026 to cover tax obligations on restricted stock awards.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
MIAMI INTERNATIONAL HOLDINGS, INC. executive vice president and CFO Lance Emmons surrendered 8,350 shares of common stock at $37.50 per share on March 30, 2026 to cover tax obligations on restricted stock awards. This tax-withholding disposition was not an open-market sale, and Emmons now directly holds 119,262 shares.
Insider Trade Summary
Exercise Price or Tax Liability: 8,350 shares
Exercise Price or Tax Liability
1 txn
Insider
Emmons Lance
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,350 | $37.50 | $313K |
Holdings After Transaction:
Common Stock — 119,262 shares (Direct)
Holdings Before and After:
Common Stock, 127,612 to 119,262 shares (Direct)
Footnotes (1)
- F1. Represents shares that have been surrendered to the Company to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock awards and does not represent a sale by the reporting person.
Key Figures
Shares surrendered for taxes: 8,350 shares
Price per share: $37.50 per share
Shares held after transaction: 119,262 shares
3 metrics
Shares surrendered for taxes
8,350 shares
Tax-withholding disposition on March 30, 2026
Price per share
$37.50 per share
Value used for tax-withholding share surrender
Shares held after transaction
119,262 shares
Direct ownership by Lance Emmons after disposition
Key Terms
restricted stock awards, tax withholding, net settlement, tax-withholding disposition
4 terms
restricted stock awards financial
"in connection with the net settlement of restricted stock awards"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
tax withholding financial
"satisfy tax withholding and remittance obligations"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
net settlement financial
"in connection with the net settlement of restricted stock awards"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MIAX EVP and CFO Lance Emmons report on this Form 4?
Lance Emmons reported a tax-related share disposition. He surrendered 8,350 MIAX common shares at $37.50 each to satisfy withholding obligations on restricted stock awards, rather than selling shares on the open market.
What does transaction code "F" mean on the MIAX Form 4 filing?
Transaction code "F" indicates shares were used to pay an exercise price or tax liability. In this MIAX filing, it reflects shares surrendered to satisfy tax withholding on restricted stock awards, not a discretionary purchase or sale in the market.
How large was the tax-withholding disposition reported by MIAX’s CFO?
The disposition involved 8,350 MIAX common shares at $37.50 per share. These shares were surrendered to the company solely to meet tax withholding and remittance obligations associated with the net settlement of restricted stock awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
