Pursuit Attractions (PRSU) CFO uses shares to settle RSU tax bill
Rhea-AI Filing Summary
Pursuit Attractions & Hospitality, Inc. Chief Financial Officer Michael John Heitz reported a routine share surrender related to restricted stock unit (RSU) vesting. On January 19, 2026, he surrendered 636 shares of common stock at $33.47 per share to cover taxes, leaving him with 8,078 directly held shares of common stock and 406 shares held indirectly through the company’s 401(k) plan. The filing explains that 1,842 RSUs from a 5,525 RSU new hire award vested immediately after the vesting schedule was modified to a three-year ratable structure, with the remaining 3,683 RSUs scheduled to vest in equal installments on December 16, 2026 and December 16, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 636 | $33.47 | $21K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares were surrendered for taxes in connection with vesting of Restricted Stock Units ("RSUs"). On January 19, 2026, 1,842 RSUs vested immediately in connection with the modification of the vesting schedule for the Reporting Person's new hire award of 5,525 RSUs (the "New Hire Award") to reflect a ratable three year vesting schedule, as provided for in the Reporting Person's offer letter with the Issuer. The remaining 3,683 RSUs under the New Hire Award will vest in equal installments on December 16, 2026 and December 16, 2027. Due to an inadvertent administrative error, the New Hire Award was initially issued such that it vested in full on December 16, 2027. Since the last filing, the Reporting Person acquired 18 shares of the Issuer's common stock under the Pursuit Attractions and Hospitality, Inc. 401(k) plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.