Rockwell Medical (RMTI) officer has shares withheld for RSU tax obligations
Rhea-AI Filing Summary
ROCKWELL MEDICAL, INC. officer Megan C. Timmins reported a routine tax-related share disposition. On this Form 4, 3,667 shares of common stock were withheld at $0.90 per share to cover estimated tax obligations tied to the vesting of restricted stock units, rather than being sold on the market. After this withholding, Timmins directly holds 162,408 shares of Rockwell Medical common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,667 shares
Net Sell
1 txn
Insider
TIMMINS MEGAN C.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,667 | $0.90 | $3K |
Holdings After Transaction:
Common Stock — 162,408 shares (Direct)
Footnotes (1)
- F1. These shares were withheld from the vesting of restricted stock units to cover the estimated tax withholding obligation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Rockwell Medical (RMTI) insider Megan C. Timmins report on this Form 4?
Megan C. Timmins reported a tax-related share disposition. 3,667 Rockwell Medical common shares were withheld to satisfy estimated tax obligations upon vesting of restricted stock units, leaving her with 162,408 directly held shares.
What is the transaction code F on the Rockwell Medical (RMTI) Form 4?
Transaction code F indicates payment of tax liability or exercise price by delivering securities. Here, 3,667 Rockwell Medical shares were withheld at $0.90 per share to satisfy estimated tax withholding from restricted stock unit vesting.
Does the Rockwell Medical (RMTI) Form 4 indicate option or derivative exercises?
No derivative transactions are reported in this Form 4. The filing only shows a non-derivative common stock transaction where 3,667 shares were withheld for tax obligations related to vesting restricted stock units, with no option exercises listed.