76K Roivant (ROIV) shares withheld for CEO Matthew Gline RSU tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roivant Sciences Ltd. director and CEO Matthew Gline reported a routine tax-related share disposition tied to restricted stock units. On the vesting and settlement of previously granted RSUs, the company withheld 76,171 common shares, valued at $35.39 per share, to cover applicable tax obligations through a net settlement. Following this transaction, Gline directly holds 16,659,945 common shares, indicating he retains a substantial equity position in the company and that the reported disposition reflects tax withholding rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gline Matthew
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 76,171 | $35.39 | $2.70M |
Holdings After Transaction:
Common Shares — 16,659,945 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 76,171 shares
Withholding price per share: $35.39 per share
Shares held after transaction: 16,659,945 shares
3 metrics
Shares withheld for taxes
76,171 shares
Tax-withholding disposition of common shares from RSU vesting on 2026-06-30
Withholding price per share
$35.39 per share
Value used for tax-withholding net settlement of RSUs
Shares held after transaction
16,659,945 shares
Direct common share holdings of Matthew Gline following the Form 4 transaction
Key Terms
RSUs, net settlement, tax withholding obligations, vesting and settlement
4 terms
RSUs financial
"Represents the "net settlement" by the Issuer of RSUs previously granted"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
net settlement financial
"Represents the "net settlement" by the Issuer of RSUs previously granted"
tax withholding obligations financial
"in order to satisfy applicable tax withholding obligations in connection with the vesting"
vesting and settlement financial
"in connection with the vesting and settlement of such RSUs"