Rogers Corp (ROG) executive has shares withheld to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rogers Corp executive Jeff Tsao reported a small share disposition tied to equity compensation taxes. On the vesting of time-based restricted stock units, 257 shares of common stock were withheld by the company to satisfy tax withholding requirements, at a value of $107.83 per share. After this tax-withholding transaction, Tsao directly holds 12,149 Rogers Corp shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tsao Jeff
Role
President of AES
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Capital (Common) Stock | 257 | $107.83 | $28K |
Holdings After Transaction:
Capital (Common) Stock — 12,149 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Rogers Corp (ROG) report for Jeff Tsao?
Rogers Corp reported that executive Jeff Tsao had 257 shares of common stock withheld to cover taxes due on vesting of time-based restricted stock units. This Form 4 shows a tax-withholding disposition, not an open-market buy or sell.
What does transaction code "F" mean in the Rogers Corp (ROG) Form 4?
Transaction code “F” indicates a tax-related disposition of securities. In this case, Rogers Corp withheld 257 shares from Jeff Tsao upon vesting of restricted stock units to pay required taxes, rather than Tsao executing a voluntary market trade.
Is the Jeff Tsao Rogers Corp (ROG) Form 4 likely a routine equity compensation event?
Yes, the filing describes shares withheld to satisfy tax obligations on vesting of time-based restricted stock units. Such transactions are typically routine administrative events associated with equity compensation, rather than discretionary buying or selling in the open market.