Rogers Corp (ROG) CFO has 58 shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rogers Corp Senior Vice President, CFO and Treasurer Laura Russell reported a tax-related share disposition. On vesting of time-based restricted stock units, the company withheld 58 shares of capital (common) stock at a value of $107.79 per share to satisfy tax withholding requirements. After this withholding, she directly owns 8,069 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Russell Laura
Role
SVP, CFO, Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Capital (Common) Stock | 58 | $107.79 | $6K |
Holdings After Transaction:
Capital (Common) Stock — 8,069 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Rogers Corp (ROG) report for Laura Russell?
Rogers Corp reported that SVP, CFO and Treasurer Laura Russell had 58 shares of common stock withheld to cover taxes when time-based restricted stock units vested. This tax-withholding disposition is coded as an F transaction rather than an open-market sale.
Was the Rogers Corp (ROG) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Rogers Corp to satisfy tax obligations triggered by vesting of time-based restricted stock units granted to Laura Russell.
What does transaction code F mean in the Rogers Corp (ROG) Form 4?
Transaction code F represents payment of an exercise price or tax liability by delivering securities. In this case, it indicates Rogers Corp withheld 58 shares from Laura Russell’s vesting restricted stock units to satisfy tax withholding obligations instead of her selling shares on the market.