FiscalNote (NOTE) chief legal officer has 317 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FiscalNote Holdings, Inc. Chief Legal & Admin. Officer Aman Todd reported a small tax-related share disposition. On the vesting of 893 restricted stock units, 317 shares of Class A Common Stock were withheld at $0.26 per share to cover tax obligations, leaving him with 77,150 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aman Todd
Role
Chief Legal & Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 317 | $0.26 | $82.42 |
Holdings After Transaction:
Class A Common Stock — 77,150 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 317 shares
Withholding price: $0.26 per share
Shares after transaction: 77,150 shares
+1 more
4 metrics
Tax-withheld shares
317 shares
Class A Common Stock withheld for taxes on RSU vesting
Withholding price
$0.26 per share
Value used for tax-withholding disposition
Shares after transaction
77,150 shares
Directly held Class A Common Stock following withholding
Vested RSUs
893 units
Restricted stock units vesting that triggered tax withholding
Key Terms
restricted stock units, Class A Common Stock, tax obligation, tax-withholding disposition
4 terms
restricted stock units financial
"upon the vesting of 893 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.
Class A Common Stock financial
"Represents shares of the Issuer's Class A Common Stock withheld"
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.
tax obligation financial
"withheld to satisfy the reporting person's tax obligation"
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 FiscalNote (NOTE) report for Aman Todd?
FiscalNote reported that Chief Legal & Admin. Officer Aman Todd had 317 Class A Common Stock shares withheld to cover taxes. This occurred when 893 restricted stock units vested, and the withholding was a non-market, administrative disposition rather than an open-market trade.
Was Aman Todd’s FiscalNote (NOTE) transaction a stock sale in the market?
No, the transaction was not an open-market sale. 317 shares were withheld by the company to satisfy Todd’s tax obligation upon vesting of 893 restricted stock units, a standard administrative process rather than a discretionary buy or sell decision.
What triggered the tax-withholding disposition reported by FiscalNote (NOTE)?
The disposition was triggered by the vesting of 893 restricted stock units held by Aman Todd. When these RSUs vested, FiscalNote withheld 317 Class A Common Stock shares to cover his tax obligation, a typical mechanism in equity compensation programs.