Riskified (RSKD) CEO uses 92,000 shares to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Riskified Ltd. Chief Executive Officer Gal Eido reported routine tax-related share dispositions. On Class A Ordinary Shares, a total of 92,000 shares were withheld by the company to cover his tax liability arising from the vesting of previously reported restricted stock units.
These tax-withholding dispositions involved 57,610 shares at $3.92 per share and 34,390 shares at $3.96 per share, rather than open-market sales. Following these transactions, Eido’s holdings, including Class A Ordinary Shares and outstanding restricted stock units, total 5,749,646 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gal Eido
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 57,610 | $3.92 | $226K |
| Tax Withholding | Class A Ordinary Shares | 34,390 | $3.96 | $136K |
Holdings After Transaction:
Class A Ordinary Shares — 5,784,036 shares (Direct)
Footnotes (1)
- Reflects Class A Ordinary Shares of the Issuer withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units (RSUs) previously reported by the Reporting Person. Includes Class A Ordinary Shares and outstanding RSUs held by the Reporting Person. Each RSU represents the right to receive one Class A Ordinary Share upon vesting and settlement.
Key Figures
Tax-withheld shares (lot 1): 57,610 shares at $3.92
Tax-withheld shares (lot 2): 34,390 shares at $3.96
Total tax-withheld shares: 92,000 shares
+2 more
5 metrics
Tax-withheld shares (lot 1)
57,610 shares at $3.92
Class A Ordinary Shares withheld for tax on RSU vesting
Tax-withheld shares (lot 2)
34,390 shares at $3.96
Additional Class A shares withheld for tax liability
Total tax-withheld shares
92,000 shares
Aggregate Class A Ordinary Shares withheld for taxes
Post-transaction holdings
5,749,646 shares/RSUs
Class A Ordinary Shares and outstanding RSUs after transactions
Disposition price range
$3.92–$3.96 per share
Values applied to withheld Class A Ordinary Shares
Key Terms
restricted stock units (RSUs), withheld to cover the Reporting Person's tax liability, Class A Ordinary Shares, vesting and settlement
4 terms
restricted stock units (RSUs) financial
"vesting of restricted stock units (RSUs) previously reported by the Reporting Person"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
withheld to cover the Reporting Person's tax liability financial
"Reflects Class A Ordinary Shares of the Issuer withheld to cover the Reporting Person's tax liability"
vesting and settlement financial
"Each RSU represents the right to receive one Class A Ordinary Share upon vesting and settlement"
FAQ
What insider transaction did Riskified (RSKD) CEO Gal Eido report?
Gal Eido reported tax-related dispositions of Class A Ordinary Shares. A total of 92,000 shares were withheld by the company to satisfy his tax liabilities from vesting restricted stock units, rather than being sold on the open market.