Rogers Corp (ROG) SVP Morton has 427 shares withheld to cover taxes
Rhea-AI Filing Summary
Rogers Corp senior vice president and general counsel Jessica Ann Morton reported a tax-related share disposition. On vesting of time-based restricted stock units, 427 shares of Rogers Corp common stock were withheld by the company at $107.83 per share to satisfy tax withholding obligations, leaving her with 10,993 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 427 shares
Net Sell
1 txn
Insider
Morton Jessica Ann
Role
SVP, Gen Counsel, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Capital (Common) Stock | 427 | $107.83 | $46K |
Holdings After Transaction:
Capital (Common) Stock — 10,993 shares (Direct)
Footnotes (1)
- F1. Shares withheld by the Company to satisfy tax withholding requirements on vesting of time-based restricted stock units.
FAQ
What insider transaction did Rogers Corp (ROG) report for Jessica Ann Morton?
Rogers Corp reported that SVP and general counsel Jessica Ann Morton had 427 shares of common stock withheld. The company used these shares to cover tax obligations triggered by the vesting of time-based restricted stock units.
Was the Rogers Corp (ROG) insider transaction an open-market sale?
The transaction was not an open-market sale. Shares were withheld by Rogers Corp to satisfy tax withholding requirements when Morton's time-based restricted stock units vested, described as a tax-withholding disposition rather than a discretionary sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.