OPRX insider vests 3,325 RSUs; 983 shares withheld at $18.75
Rhea-AI Filing Summary
OptimizeRx Corp (OPRX) reporting person Doug Besch had 3,325 restricted stock units vest on
Positive
- 3,325 RSUs vested and converted one‑for‑one to common stock, aligning executive compensation with shareholder stake
- Net increase of shares after withholding (3,325 vested less 983 withheld = 2,342 net new shares) indicates continued equity retention
Negative
- The issuer withheld 983 shares to satisfy tax obligations, recorded as a disposition under Section 16
- Future vesting remains for two equal annual installments, which will dilute existing shareholders incrementally
Insights
Insider compensation converted to shares; routine withholding reduced net shares.
The vesting of 3,325 restricted stock units reflects standard equity compensation practices where senior officers receive time‑based awards that convert one‑for‑one to common stock. The filing shows a partial disposition of 983 shares to satisfy tax withholding at
Key governance items to monitor include remaining unvested tranches (two future annual installments) and any subsequent insider sales or disposals that could change public float; these are monitorable in upcoming Form 4s within the next 12 months.
Net increase in shares from RSU vesting is modest relative to total float.
The conversion added 3,325 shares while withholding removed 983, resulting in a net increase of 2,342 shares to reported holdings. The reported post‑transaction beneficial ownership levels are 70,555 and 69,572 depending on the line item, reflecting the tax withholding treatment.
Investors tracking insider ownership should note the vesting schedule (three equal annual installments) and expect two additional annual vesting events; these may produce similar small net changes to outstanding shares over the next two years.