OptimizeRx (OPRX) CEO has 1,737 shares withheld for taxes
Rhea-AI Filing Summary
OptimizeRx Corp (OPRX) reported that Chief Executive Officer Stephen L. Silvestro had 1,737 shares of Common Stock withheld on 2026-08-21 to satisfy his tax withholding obligations upon the vesting of restricted stock units. This Code F transaction is treated as a disposition under Section 16, and Silvestro now holds 183,551 shares of OptimizeRx common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,737 shares
Net Sell
1 txn
Insider
Silvestro Stephen L
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,737 | $7.71 | $13K |
Holdings After Transaction:
Common Stock — 183,551 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 obligations: 1,737 shares
Per-share value for tax-withholding disposition: $7.71 per share
Shares held after transaction: 183,551 shares
3 metrics
Shares withheld for tax obligations
1,737 shares
Common Stock withheld on 2026-08-21 for tax withholding obligations
Per-share value for tax-withholding disposition
$7.71 per share
Value applied to 1,737 shares withheld in Code F transaction
Shares held after transaction
183,551 shares
OptimizeRx Common Stock directly held by Stephen L. Silvestro following the 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
"withheld by the Issuer upon the vesting of restricted stock units to satisfy the Reporting Person's tax withholding obligations"
Section 16 of the Securities Exchange Act of 1934 regulatory
"treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934"
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 insider transaction did OPRX report for Stephen L. Silvestro?
OptimizeRx reported that CEO Stephen L. Silvestro had 1,737 shares of Common Stock withheld on 2026-08-21 to cover tax withholding obligations from vested restricted stock units, a Code F disposition under Section 16.
Was the OPRX insider’s transaction an open-market sale?
No. The transaction was a Code F event, where 1,737 shares were withheld by OptimizeRx to satisfy Stephen L. Silvestro’s tax withholding obligations on vested restricted stock units, rather than an open-market sale.
Was the OPRX Form 4 transaction under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is not affirmed, and the filing describes the event as shares withheld for tax withholding obligations upon RSU vesting, not as trades under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.