Rekor Systems exec has 580 shares withheld for tax
Rekor Systems’ Chief People Officer had shares withheld to cover taxes on vested RSUs, with additional RSUs scheduled to vest in 2027.
Rhea-AI Filing Summary
Rekor Systems, Inc. (REKR) reported an insider equity-related tax event involving its Chief People Officer, Debra Shakerdge-Hennessy. On September 2, 2026, 580 shares of common stock were withheld to cover tax liability arising from the vesting of 2,000 restricted stock units, leaving her with 98,318 directly held shares and 2,000 additional RSUs scheduled to vest on September 2, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 580 shares
Tax Withholding
1 txn
Insider
SHAKERDGE-HENNESSY DEBRA
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 580 | $0.512 | $296.96 |
Holdings After Transaction:
Common Stock — 98,318 shares (Direct)
Footnotes (2)
- F1. Consists of 580 shares withheld for tax purposes in connection with the vesting of 2,000 restricted stock units ("RSUs") on September 2, 2026.
- F2. Includes 2,000 RSUs which vest on September 2, 2027.
Key Figures
Shares withheld for taxes: 580 shares
Tax-withholding reference price: $0.512 per share
Direct holdings after transaction: 98,318 shares
+2 more
5 metrics
Shares withheld for taxes
580 shares
Withheld on September 2, 2026 for tax liability on RSU vesting
Tax-withholding reference price
$0.512 per share
Value used for the 580-share tax-withholding disposition
Direct holdings after transaction
98,318 shares
Common stock directly held by Debra Shakerdge-Hennessy after September 2, 2026
RSUs vested
2,000 RSUs
Restricted stock units vesting on September 2, 2026
Unvested RSUs
2,000 RSUs
Restricted stock units scheduled to vest on September 2, 2027
Key Terms
restricted stock units ("RSUs"), withheld for tax purposes, payment of tax liability by delivering or withholding securities
3 terms
restricted stock units ("RSUs") financial
"Consists of 580 shares withheld for tax purposes in connection with the vesting of 2,000 restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
withheld for tax purposes financial
"Consists of 580 shares withheld for tax purposes in connection with the vesting"
payment of tax liability by delivering or withholding securities financial
"transaction was coded as payment of tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Rekor Systems (REKR) report for Debra Shakerdge-Hennessy?
Rekor Systems reported that Chief People Officer Debra Shakerdge-Hennessy had 580 shares of common stock withheld on September 2, 2026 to satisfy tax liability related to the vesting of 2,000 RSUs.
Was the Rekor Systems (REKR) Form 4 transaction an open market sale?
No. The Form 4 states the transaction was a payment of tax liability by delivering or withholding securities, meaning 580 shares were withheld for taxes in connection with RSU vesting rather than sold in the open market.
What RSUs for Rekor Systems (REKR) vested and what remains unvested?
Footnotes state that 2,000 RSUs vested on September 2, 2026, triggering the tax withholding of 580 shares. Another 2,000 RSUs are reported as remaining and scheduled to vest on September 2, 2027.
Was the Rekor Systems (REKR) insider transaction under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes describe the event as shares withheld for tax purposes upon RSU vesting, with no reference to a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.