Ingevity (NGVT) SVP Fisher has 308 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Fisher Ryan C.
Role
SVP, Gen. Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 308 | $71.78 | $22K |
Holdings After Transaction:
Common Stock — 18,194 shares (Direct)
Footnotes (1)
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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.