Reading International (RDI) EVP has 15,946 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reading International Inc executive Sidney Craig Tompkins, EVP and General Counsel, reported a tax-related share disposition. On the reported date, 15,946 shares of Class A Non-Voting Common Stock were withheld by the company to cover tax obligations tied to previously vested restricted stock units and deferred share deliveries. After this withholding, Tompkins directly holds 119,251 Class A Non-Voting shares, indicating the event is part of equity compensation mechanics rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tompkins Sidney Craig
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Non-Voting Common Stock | 15,946 | $1.075 | $17K |
Holdings After Transaction:
Class A Non-Voting Common Stock — 119,251 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Reading International (RDI) report for Sidney Craig Tompkins?
Reading International reported that EVP and General Counsel Sidney Craig Tompkins had 15,946 Class A Non-Voting shares withheld. The shares were used to cover tax obligations from vested restricted stock units and deferred share deliveries under his equity compensation.
Was the Reading International (RDI) Form 4 transaction an open-market sale?
The Form 4 shows no open-market sale. Instead, 15,946 Class A Non-Voting shares were withheld by the issuer to satisfy tax withholding obligations related to prior restricted stock unit vesting and deferred delivery of underlying stock.
What is the nature of the Form 4 tax-withholding transaction for Reading International (RDI)?
The transaction is coded as a tax-withholding disposition. Reading International withheld 15,946 Class A Non-Voting shares from Sidney Craig Tompkins to cover tax liabilities arising from restricted stock units that vested and from deferred delivery of underlying common stock.
Which Reading International (RDI) security class is involved in Sidney Craig Tompkins’ Form 4?
The Form 4 involves Reading International’s Class A Non-Voting Common Stock. A total of 15,946 shares of this class were withheld for tax obligations, and 119,251 shares of the same class are reported as directly owned after the transaction.