R F Industries (RFIL) COO has 318 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
R F Industries Ltd reported that President and COO Ray Michael Bibisi filed a Form 4 showing three transactions classified as tax-withholding dispositions of common stock. On July 11 and 13, 2026, a total of 318 shares were delivered to cover exercise price or tax liabilities at $17.43 and $15.76 per share. After these non-market transactions, Bibisi holds 65,918 shares of R F Industries common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bibisi Ray Michael
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 116 | $15.76 | $2K |
| Tax Withholding | Common Stock | 20 | $17.43 | $348.60 |
| Tax Withholding | Common Stock | 182 | $17.43 | $3K |
Holdings After Transaction:
Common Stock — 65,918 shares (Direct)
Footnotes (1)
Key Figures
Tax-withholding shares: 318 shares
Shares withheld on 2026-07-11: 182 shares at $17.43
Additional shares withheld on 2026-07-11: 20 shares at $17.43
+2 more
5 metrics
Tax-withholding shares
318 shares
Total common shares delivered for exercise price or tax liabilities in July 2026
Shares withheld on 2026-07-11
182 shares at $17.43
Tax-withholding disposition of R F Industries common stock
Additional shares withheld on 2026-07-11
20 shares at $17.43
Second tax-withholding disposition of R F Industries common stock
Shares withheld on 2026-07-13
116 shares at $15.76
Tax-withholding disposition of R F Industries common stock
Post-transaction holdings
65,918 shares
Common stock held directly by Ray Michael Bibisi after the latest reported transaction
Key Terms
tax-withholding disposition, exercise price, non-derivative
3 terms
tax-withholding disposition financial
"Each transaction is reported as a tax-withholding disposition of common stock."
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.
exercise price financial
"Code F is described as payment of exercise price or tax liability by delivering securities."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
non-derivative financial
"Each transaction lists the security type as a non-derivative common stock holding."
FAQ
What did R F Industries (RFIL) insider Ray Michael Bibisi report in this Form 4?
Ray Michael Bibisi reported three tax-withholding dispositions of R F Industries common stock. These Form 4 entries cover the delivery of 318 shares to satisfy exercise price or tax obligations, rather than discretionary open-market buying or selling activity.
At what prices were the RFIL tax-withholding dispositions recorded?
The tax-withholding dispositions were recorded at $17.43 and $15.76 per share. Two transactions on July 11, 2026, were at $17.43, and one transaction on July 13, 2026, was at $15.76 per R F Industries common share.
Does this RFIL Form 4 show open-market stock sales by the COO?
No. All reported entries use code F, described as “Payment of exercise price or tax liability by delivering securities.” These are tax-withholding dispositions of R F Industries shares, not discretionary open-market sales by the President and COO.
What does transaction code F mean in the R F Industries (RFIL) Form 4?
Code F indicates “Payment of exercise price or tax liability by delivering securities.” In this RFIL filing, it means shares of common stock were delivered to cover exercise price or tax liabilities, rather than being sold in the open market.