Proto Labs (PRLB) CFO gets new stock grants and tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Proto Labs Inc Chief Financial Officer Daniel Schumacher reported equity compensation changes. He received a grant of 5,605 employee stock options and 3,074 shares of common stock, both at a price of $0.00 per share, increasing his direct holdings. A separate disposition of 504 common shares at $62.63 per share was made to cover tax withholding obligations, rather than an open-market sale. The restricted stock units underlying the common stock grant vest in four equal annual installments, with 25% vesting on February 25, 2027 and on each February 25 thereafter until fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Schumacher Daniel
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 5,605 | $0.00 | -- |
| Grant/Award | Common Stock | 3,074 | $0.00 | -- |
| Tax Withholding | Common Stock | 504 | $62.63 | $32K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 5,605 shares (Direct);
Common Stock — 45,778 shares (Direct)
Footnotes (1)
- Restricted Stock Units that vest as follows: 25% of shares subject to the award will vest on February 25, 2027, and on each February 25th thereafter until all shares subject to the award are fully vested. 25% of shares subject to the award will vest on February 25, 2027, and on each February 25th thereafter until all shares subject to the award are fully vested.
FAQ
What insider transactions did Proto Labs (PRLB) report for CFO Daniel Schumacher?
Proto Labs reported that CFO Daniel Schumacher received 5,605 stock options and 3,074 common shares as grants, and 504 shares were disposed of to satisfy tax withholding. All positions are held as direct ownership according to the filing.
Were the Proto Labs (PRLB) insider transactions open-market buys or sells?
The transactions were equity grants and a tax-withholding disposition, not open-market trades. Options and common shares were awarded at $0.00 per share, while 504 shares were withheld at $62.63 solely to cover tax obligations.
What are the vesting terms for the Proto Labs (PRLB) restricted stock units granted to the CFO?
The restricted stock units vest over four years. Twenty-five percent of the shares vest on February 25, 2027, and an additional 25% vests on each February 25 thereafter until all shares subject to the award are fully vested.
What does the tax-withholding disposition mean in the Proto Labs (PRLB) Form 4?
The tax-withholding disposition means 504 shares were automatically withheld to pay taxes due on the equity award. It is recorded under code F and represents a non-market transaction rather than a discretionary sale of Proto Labs stock.
What type of derivative security was granted to the Proto Labs (PRLB) CFO?
The filing shows a grant of 5,605 employee stock options, described as a right to buy Proto Labs common stock. These options were awarded at a reported price of $0.00 per share as part of the CFO’s equity compensation.