Rambus (RMBS) CAO has 1,131 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rambus Inc. Chief Accounting Officer John K. Allen reported a tax-withholding disposition of 1,131 shares of common stock. The shares were withheld by the company at a price of $92.22 per share to cover his tax liability related to the vesting of restricted stock units.
After this non‑open‑market transaction, Allen directly holds 17,131 shares of Rambus common stock. This type of withholding is a routine administrative step associated with equity compensation and does not represent an open‑market sale or purchase decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Allen John K
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,131 | $92.22 | $104K |
Holdings After Transaction:
Common Stock — 17,131 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,131 shares
Withholding price: $92.22 per share
Shares held after transaction: 17,131 shares
+1 more
4 metrics
Shares withheld for taxes
1,131 shares
Withheld to cover RSU-related tax liability
Withholding price
$92.22 per share
Value used for tax-withholding disposition
Shares held after transaction
17,131 shares
Direct Rambus common stock holdings post-withholding
Tax-withholding transactions
1 transaction, 1,131 shares
Summary of Form 4 tax-withholding activity
Key Terms
restricted stock units, tax liability, Chief Accounting Officer, tax-withholding disposition
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units, or RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"were withheld to cover the Reporting Person's tax liability in connection"
Chief Accounting Officer financial
""officer_title": "Chief Accounting Officer""
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
tax-withholding disposition financial
""transaction_action": "tax-withholding disposition""
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.
FAQ
What insider transaction did Rambus (RMBS) report for John K. Allen?
Rambus reported that Chief Accounting Officer John K. Allen had 1,131 common shares withheld. The shares were used to cover his tax liability arising from the vesting of restricted stock units, rather than being sold on the open market.
Was the Rambus (RMBS) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 1,131 shares were withheld by Rambus to satisfy John K. Allen’s tax obligations from RSU vesting, a standard administrative process for equity compensation plans.
What does transaction code "F" mean in the Rambus (RMBS) Form 4?
Transaction code “F” indicates shares were used to pay an exercise price or tax liability. In this Rambus filing, it shows 1,131 shares were withheld from John K. Allen’s RSU vesting to satisfy his personal tax obligations.