OptimizeRx insider vests 16,623 RSUs; 4,406 shares withheld
Rhea-AI Filing Summary
OptimizeRx Corp director and Chief Finance & Strategy Officer Edward Stelmakh reported transactions on 10/03/2025 showing the vesting and conversion of 16,623 restricted stock units into common shares. After the transactions, he beneficially owned 127,387 shares. The filing shows 4,406 shares were withheld to satisfy tax-withholding obligations, treated as a disposition at $18.75 per share for a net increase of 16,623 shares from the RSU vesting. The RSUs vest in three equal annual installments beginning on 10/03/2023.
Positive
- None.
Negative
- None.
Insights
Insider RSU vesting converted to common shares; part withheld for taxes.
The reported 16,623 restricted stock units converted one-for-one into common stock on 10/03/2025
Withholding of 4,406 shares reduced the net additional shares delivered to the reporting person; the withheld shares were recorded as a disposition at $18.75 per share. Monitor the remaining RSU vesting schedule because two future annual installments remain from the original grant schedule beginning 10/03/2023.
Transaction is routine compensation-related reporting under Section 16.
The filing is procedural: conversion of vested RSUs and tax withholding are standard and were reported on Form 4. The filing includes a signed power of attorney and the standard legal disclaimer about beneficial ownership.
Investors can note the post-transaction beneficial ownership of 127,387 shares as the current disclosed holding; changes from future vesting events would appear in subsequent filings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,623 | $0.00 | -- |
| Exercise | Common Stock | 16,623 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,406 | $18.75 | $83K |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. These shares were withheld by the Issuer 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. The restricted stock units vest in three equal annual installments beginning October 3, 2023, the first anniversary of the grant date.