OptimizeRx insider has 1,432 shares withheld
OptimizeRx’s chief business officer had shares withheld to cover taxes on vested RSUs, leaving him with just under 100,000 common shares directly held.
Rhea-AI Filing Summary
OptimizeRx Corp (OPRX) reported that Chief Business Officer Andrew J. D'Silva had 1,432 shares of common stock withheld on September 1, 2026 to satisfy tax withholding obligations upon vesting of restricted stock units, treated as a disposition under Section 16, at a value of $7.86 per share. After this withholding, he directly holds 99,660 shares of OptimizeRx common stock, and no Rule 10b5-1 trading plan is reported.
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Insider Trade Summary
Tax Withholding: 1,432 shares
Tax Withholding
1 txn
Insider
D'Silva Andrew J.
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,432 | $7.86 | $11K |
Holdings After Transaction:
Common Stock — 99,660 shares (Direct)
Footnotes (1)
- F1. These shares were withheld by the Issuer upon the vesting of restricted stock units to satisfy the Reporting Person's tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended.
Key Figures
Shares withheld for tax withholding obligations: 1,432 shares
Per-share value for withheld shares: $7.86 per share
Direct holdings after transaction: 99,660 shares
3 metrics
Shares withheld for tax withholding obligations
1,432 shares
Common stock withheld on September 1, 2026 to satisfy tax withholding on RSU vesting
Per-share value for withheld shares
$7.86 per share
Value applied to the 1,432 common shares withheld for tax withholding obligations
Direct holdings after transaction
99,660 shares
Common shares of OptimizeRx directly held by Andrew J. D'Silva after the September 1, 2026 transaction
Key Terms
restricted stock units, tax withholding obligations, Section 16 of the Securities Exchange Act of 1934
3 terms
restricted stock units financial
"upon the vesting of restricted stock units to satisfy the Reporting Person's tax"
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 withholding obligations financial
"vested restricted stock units to satisfy the Reporting Person's tax withholding"
Section 16 of the Securities Exchange Act of 1934 regulatory
"treated as a disposition of securities under Section 16 of the Securities"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
What transaction did OptimizeRx (OPRX) report for Andrew J. D'Silva on September 1, 2026?
OptimizeRx reported that 1,432 common shares were withheld from Andrew J. D'Silva on September 1, 2026 to satisfy tax withholding obligations upon vesting of restricted stock units, which is treated as a disposition under Section 16.
Was Andrew J. D'Silva’s Form 4 transaction in OPRX an open market sale?
No. The Form 4 states the 1,432 shares were withheld by the issuer upon RSU vesting to satisfy tax withholding obligations, treated as a disposition under Section 16, not as an open market sale.
Was a Rule 10b5-1 trading plan involved in Andrew J. D'Silva’s OPRX Form 4 transaction?
No. The filing indicates no Rule 10b5-1 plan was affirmed for this transaction; it reflects shares withheld by the issuer to cover tax withholding obligations on RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.