Rogers (ROG) Form 4: RSU Tax-Withholding Leads to 1,262-Share Disposition
Rhea-AI Filing Summary
Rogers Corporation insider filing: Raymond Sean Reeder, Corporate Controller & CAO, reported a transaction on 08/14/2025 disposing of 1,262 shares of Rogers Corporation common stock at a price of $76.52 per share. The filing states the shares were withheld by the company to satisfy tax withholding on the vesting of performance-based restricted stock units. The report also notes that the reported beneficial ownership includes 28 shares acquired under the issuer's Global Stock Ownership Plan for Employees for the six-month period ended June 15, 2025. The Form 4 was executed under power of attorney by Sherri L. Collver on 08/15/2025.
Positive
- Transaction was disclosed in a Form 4 consistent with Section 16 reporting requirements
- Participation in the Global Stock Ownership Plan evidenced by 28 shares acquired for the six-month period ended June 15, 2025
Negative
- Reduction of direct holdings by 1,262 shares due to tax-withholding on vested performance RSUs
Insights
TL;DR: Routine tax-withholding disposition of vested performance RSUs; properly reported under Section 16.
The filing documents a common administrative transaction where shares were withheld to cover tax obligations on vested performance-based restricted stock units. The transaction is recorded as a disposition rather than an open-market sale, and the inclusion of employee stock plan purchases indicates continued participation in the company's ownership programs. The report was filed by a single reporting person and executed under power of attorney, consistent with standard internal reporting practices.
TL;DR: Small-scale insider share withholding for taxes; disclosure aligns with routine compensation settlement.
The disposition of 1,262 shares at $76.52 appears tied to settlement of equity compensation obligations rather than a voluntary divestiture. The statement that 28 shares were acquired via the employee plan for the six-month period ended June 15, 2025 provides additional detail on incremental insider accumulation. No derivative transactions or other beneficial changes are reported. Based solely on this filing, the event is informational and not materially transformative.