OPRX insider: CEO RSUs convert to 6,649 shares; 1,620 sold
Rhea-AI Filing Summary
OptimizeRx Corp (OPRX) insider transaction on 10/03/2025: Chief Executive Officer Stephen L. Silvestro had 6,649 restricted stock units vest and convert one-for-one into common stock, increasing his beneficial holdings to 190,536 shares. To satisfy tax withholding obligations, 1,620 shares were withheld and treated as a disposition at a price of $18.75, leaving 188,916 shares beneficially owned. The filing notes the RSUs vest in three equal annual installments beginning 10/03/2023. The reported transactions were certified on 10/07/2025.
Positive
- 6,649 RSUs vested and converted, showing continued executive compensation alignment with shareholders
- Withholding of 1,620 shares handled through issuer withholding, reflecting tax-compliant disposition procedures
Negative
- 1,620 shares were sold to satisfy taxes, reducing direct holdings to 188,916 shares
Insights
Vesting of RSUs and withholding for taxes are routine components of executive compensation.
The CEO received 6,649 restricted stock units that converted into common shares on 10/03/2025, increasing reported beneficial ownership to 190,536 shares before withholding. The filing clarifies the RSUs vest in three equal annual installments starting 10/03/2023
Tax withholding reduced the delivered shares by 1,620, sold at $18.75. Watch ongoing vesting tranches and any future sales tied to withholding or planned disposition events over the next two years.
The Form 4 shows compliance with Section 16 reporting and routine withholding; no unusual dispositions were disclosed.
The filing was submitted by one reporting person and signed by an authorized attorney-in-fact on 10/07/2025, and it includes the standard disclaimer about beneficial ownership. The only disposition reported is withholding of 1,620 shares to satisfy taxes, which is recorded as a sale at $18.75.
Investors may note the timing and size of future vesting dates from the grant schedule and any subsequent filings that would indicate non-routine insider selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,649 | $0.00 | -- |
| Exercise | Common Stock | 6,649 | $0.00 | -- |
| Sale | Common Stock | 1,620 | $18.75 | $30K |
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.
