Rogers Corp (NYSE: ROG) withholds 15 shares from controller
Rhea-AI Filing Summary
ROGERS CORP officer Raymond Sean Reeder, Corporate Controller & CAO, reported a code F transaction involving company Capital (Common) Stock on 2026-08-14. 15 shares were disposed of at $142.91 per share, representing shares withheld by the company to satisfy tax withholding requirements on the vesting of time-based restricted stock units. Following this withholding event, Reeder directly held 1,824 shares of Rogers Corp common stock, which includes 21 shares acquired under the issuer's 2026 Employee Stock Purchase Plan for the six-month period ended June 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15 shares
Net Sell
1 txn
Insider
Reeder Raymond Sean
Role
Corporate Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Capital (Common) Stock F1, F2 | 15 | $142.91 | $2K |
Holdings After Transaction:
Capital (Common) Stock — 1,824 shares (Direct)
Footnotes (2)
- F1. Shares withheld by the Company to satisfy tax withholding requirements on vesting of time-based restricted stock units.
- F2. Includes an aggregate of 21 shares acquired by the Reporting Person under Issuer's 2026 Employee Stock Purchase Plan for the six-month period ended June 15, 2026.
Key Figures
Shares withheld for tax: 15 shares
Per-share value of withheld shares: $142.91 per share
Shares held after transaction: 1,824 shares
+2 more
5 metrics
Shares withheld for tax
15 shares
Capital (Common) Stock withheld on 2026-08-14 for tax withholding requirements
Per-share value of withheld shares
$142.91 per share
Value used for the 15 shares withheld to cover tax withholding
Shares held after transaction
1,824 shares
Direct holdings of Rogers Corp common stock following the 2026-08-14 transaction
ESPP shares included in holdings
21 shares
Shares acquired under the 2026 Employee Stock Purchase Plan for six-month period ended June 15, 2026
Code F shares for tax or exercise
15 shares
Shares delivered or withheld for payment of tax liability in this Form 4
Key Terms
time-based restricted stock units, tax withholding requirements, Employee Stock Purchase Plan, Capital (Common) Stock
4 terms
time-based restricted stock units financial
"vesting of time-based restricted stock units"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
tax withholding requirements financial
"satisfy tax withholding requirements on vesting"
Employee Stock Purchase Plan financial
"Issuer's 2026 Employee Stock Purchase Plan for the six-month period"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Capital (Common) Stock financial
"security_title": "Capital (Common) Stock""
FAQ
What insider transaction did ROG (Rogers Corp) report for Raymond Sean Reeder?
Rogers Corp reported that Raymond Sean Reeder had 15 shares of common stock withheld on 2026-08-14 to satisfy tax withholding requirements tied to vesting time-based restricted stock units, a non-market disposition classified under code F.
What does the footnote about the ROG 2026 Employee Stock Purchase Plan indicate for Reeder?
The footnote states that Reeder’s post-transaction holdings include 21 shares acquired under Rogers Corp’s 2026 Employee Stock Purchase Plan for the six-month period ended June 15, 2026, clarifying that part of his 1,824-share balance came through this employee program.
Was Raymond Sean Reeder’s ROG transaction a discretionary sale in the open market?
No. The Form 4 describes a code F event where 15 shares were withheld by the company to satisfy tax withholding requirements on vesting restricted stock units, rather than a voluntary open-market sale by Reeder.
AI-generated analysis. How Rhea-AI works. Not financial advice.