PulteGroup (PHM) COO surrenders 6,861 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PulteGroup executive Matthew William Koart reported a routine tax-withholding share disposition. On common stock that had recently vested, 6,861 shares were surrendered to PulteGroup to cover tax obligations at an indicated value of $111.77 per share.
After this withholding-related transfer, Koart directly holds 35,557 shares of PulteGroup common stock. This transaction was coded as a tax-withholding disposition rather than an open-market sale, reflecting a compensation-related event instead of a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Koart Matthew William
Role
Exec. VP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,861 | $111.77 | $767K |
Holdings After Transaction:
Common Stock — 35,557 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares surrendered for taxes: 6,861 shares
Indicated share value: $111.77 per share
Shares held after transaction: 35,557 shares
3 metrics
Shares surrendered for taxes
6,861 shares
Tax-withholding disposition of common stock
Indicated share value
$111.77 per share
Value used for tax-withholding disposition
Shares held after transaction
35,557 shares
Direct PulteGroup common stock holdings post-transaction
Key Terms
tax-withholding disposition, Form 4, Exec. VP & COO
3 terms
tax-withholding disposition financial
"transaction_action is described as a "tax-withholding disposition" for this event"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) details Koart Matthew William’s transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Exec. VP & COO financial
"Koart Matthew William is listed with officer_title "Exec. VP & COO""
FAQ
What insider transaction did PulteGroup (PHM) report for Matthew Koart?
PulteGroup executive Matthew William Koart reported a tax-withholding share disposition. He surrendered 6,861 common shares back to the company to cover tax obligations on recently vested stock, rather than selling shares in the open market.
Was the PulteGroup (PHM) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 shows a tax-withholding disposition coded "F," meaning 6,861 shares were surrendered to the issuer solely to satisfy tax obligations arising from vested restricted stock.
What does transaction code "F" mean in the PulteGroup (PHM) Form 4?
Transaction code "F" indicates a tax-withholding disposition. In this case, 6,861 PulteGroup shares were surrendered to the issuer to pay taxes on common shares whose restrictions had lapsed, rather than being voluntarily sold in the market.