Everpure CFO shares withheld for taxes
Everpure, Inc. Chief Financial Officer Tarek Robbiati had 5,825 shares of Class A Common Stock withheld by the company to cover income tax obligations.
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Form Type
4
Rhea-AI Filing Summary
Everpure, Inc. Chief Financial Officer Tarek Robbiati had 5,825 shares of Class A Common Stock withheld by the company to cover income tax obligations. The shares were valued at $74.61 each and relate to the vesting and net settlement of previously reported equity awards, rather than an open-market sale. After this tax-withholding disposition, Robbiati directly holds 334,336 shares of Everpure Class A Common Stock.
Insider Trade Summary
Exercise Price or Tax Liability: 5,825 shares
Exercise Price or Tax Liability
1 txn
Insider
ROBBIATI TAREK
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 5,825 | $74.61 | $435K |
Holdings After Transaction:
Class A Common Stock — 334,336 shares (Direct)
Footnotes (1)
- F1. Represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's equity awards, previously reported on a Form 4, and does not represent a sale by the Reporting Person.
Key Figures
Shares withheld for taxes: 5,825 shares
Per-share value: $74.61 per share
Shares held after transaction: 334,336 shares
+1 more
4 metrics
Shares withheld for taxes
5,825 shares
Tax-withholding disposition on equity award vesting
Per-share value
$74.61 per share
Value used for tax-withholding disposition
Shares held after transaction
334,336 shares
Direct Class A Common Stock holdings post-transaction
Tax-withholding transactions
1 transaction, 5,825 shares
Summary of tax-withholding activity in this Form 4
Key Terms
Class A Common Stock, tax-withholding disposition, net settlement, equity awards, +1 more
5 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
net settlement financial
"in connection with the vesting and net settlement of the Reporting Person's equity awards"
equity awards financial
"net settlement of the Reporting Person's equity awards, previously reported on a Form 4"
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
transaction code F financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Everpure (P) CFO Tarek Robbiati report in this Form 4?
Everpure CFO Tarek Robbiati reported a tax-withholding disposition of 5,825 Class A shares. The company withheld these shares to satisfy income tax obligations from vesting equity awards, rather than an open-market sale of stock by the executive.
Does the Everpure (P) Form 4 show an open-market sale by the CFO?
The Form 4 does not show an open-market sale by the CFO. A footnote explains the 5,825 shares were withheld by Everpure solely to satisfy income tax withholding and remittance obligations on vesting equity awards, and it states this does not represent a sale.
What is the transaction code used in the Everpure (P) Form 4 filing?
The filing uses transaction code F, indicating a tax-related disposition. This code reflects that 5,825 shares of Class A stock were delivered back to Everpure to satisfy income tax obligations on vesting equity awards, rather than a voluntary market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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