Rogers Corp (ROG) CAO reports 69-share tax withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rogers Corp’s Corporate Controller and Chief Accounting Officer, Raymond Sean Reeder, reported a small share disposition related to tax withholding. On the vesting of time-based restricted stock units, the company withheld 69 shares of capital (common) stock at a price of $107.83 per share to satisfy tax requirements. After this tax-withholding transaction, Reeder directly holds 1,818 shares of Rogers Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reeder Raymond Sean
Role
Corporate Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Capital (Common) Stock | 69 | $107.83 | $7K |
Holdings After Transaction:
Capital (Common) Stock — 1,818 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Rogers Corp (ROG) report for Raymond Sean Reeder?
Rogers Corp reported that Corporate Controller and CAO Raymond Sean Reeder had 69 shares of common stock withheld by the company to cover tax obligations upon vesting of time-based restricted stock units, as reflected in a Form 4 insider filing.
Was the Rogers Corp (ROG) insider transaction an open market sale or tax withholding?
The transaction was tax withholding, not an ordinary sale. The filing specifies that the 69 shares were withheld by Rogers Corp itself to satisfy tax withholding requirements triggered by the vesting of time-based restricted stock units granted to Raymond Sean Reeder.
What does transaction code F mean in the Rogers Corp (ROG) Form 4?
Transaction code F in the Form 4 indicates a disposition to pay an exercise price or tax liability by delivering securities. Here, it reflects shares withheld by Rogers Corp to cover tax withholding due on the vesting of time-based restricted stock units.