Ingevity (NGVT) SVP Fisher has 308 shares withheld to cover RSU taxes
Rhea-AI Filing Summary
Ingevity Corp senior executive handles RSU tax obligations through share withholding. SVP, General Counsel & Secretary Ryan C. Fisher had 308 shares of common stock withheld by the company at a price of $71.78 per share to satisfy tax liabilities from 2024 RSUs that vested. After this tax-withholding disposition, he directly holds 18,194 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 308 shares
Net Sell
1 txn
Insider
Fisher Ryan C.
Role
SVP, Gen. Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 308 | $71.78 | $22K |
Holdings After Transaction:
Common Stock — 18,194 shares (Direct)
Footnotes (1)
- F1. Shares withheld by the Company to satisfy tax withholding obligations related to the 2024 RSUs that vested.
FAQ
What did Ingevity (NGVT) executive Ryan C. Fisher report in this Form 4?
Ryan C. Fisher reported a tax-withholding disposition of 308 Ingevity common shares. The company withheld these shares at $71.78 each to cover taxes arising from his 2024 RSUs that vested, a routine compensation-related transaction.
Was the Ingevity (NGVT) Form 4 transaction an open-market sale?
No, the filing shows a Code F transaction, meaning shares were withheld for tax obligations. This reflects the company retaining 308 shares tied to vested RSUs, not an open-market decision by Fisher to sell stock.
What does transaction code F mean in the Ingevity (NGVT) Form 4 filing?
Transaction code F indicates a payment of tax liability by delivering securities. In this case, Ingevity withheld 308 shares from Ryan C. Fisher’s vested 2024 RSUs to satisfy tax withholding obligations, rather than an open-market share sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.