OptimizeRx (OPRX) CCO logs Form 4 tax-withholding share dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OptimizeRx Corp Chief Commercial Officer Theresa Greco reported routine tax-related share dispositions. On May 15, 2026, the company withheld 879 and 914 shares of Common Stock at $5.21 per share to cover her tax obligations upon vesting of restricted stock units. The footnote explains these withholdings are treated as dispositions under Section 16 rules, but they were not open-market sales and reflect standard equity-compensation tax treatment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Greco Theresa
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 914 | $5.21 | $5K |
| Tax Withholding | Common Stock | 879 | $5.21 | $5K |
Holdings After Transaction:
Common Stock — 71,954 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 1,793 shares
First tax-withholding lot: 879 shares
Second tax-withholding lot: 914 shares
+1 more
4 metrics
Tax-withholding shares
1,793 shares
Total shares used for tax withholding on RSU vesting
First tax-withholding lot
879 shares
Common Stock, code F, on May 15, 2026
Second tax-withholding lot
914 shares
Common Stock, code F, on May 15, 2026
Price per share
$5.21 per share
Valuation used for both tax-withholding dispositions
Key Terms
restricted stock units, tax withholding obligations, Section 16, Common Stock
4 terms
restricted stock units financial
"These shares were withheld by the Issuer upon the vesting of restricted stock units to satisfy the Reporting Person's tax withholding obligations."
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
"upon the vesting of restricted stock units to satisfy the Reporting Person's tax withholding obligations."
Section 16 regulatory
"Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transactions did OptimizeRx (OPRX) disclose for Theresa Greco?
OptimizeRx reported that Chief Commercial Officer Theresa Greco had shares withheld to cover taxes on vested restricted stock units. Two Form 4 transactions show dispositions of 879 and 914 Common Stock shares, both at $5.21 per share, classified as tax-withholding events.
Were the OptimizeRx (OPRX) Form 4 transactions open-market sales?
No. The Form 4 states the dispositions were tax-withholding events tied to restricted stock unit vesting. Shares were withheld by OptimizeRx to satisfy Greco’s tax obligations, so these are not open-market sales and do not represent discretionary selling activity.
What does transaction code "F" mean in the OptimizeRx (OPRX) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this Form 4, code F marks shares withheld by OptimizeRx to satisfy Theresa Greco’s tax obligations when her restricted stock units vested.