Research Solutions Executive Retains Large Position Despite Tax-Related Share Transfer
Rhea-AI Filing Summary
Research Solutions CFO William Nurthen reported a Form 4 filing on June 28, 2025, disclosing a transaction that occurred on June 20, 2025. The insider surrendered 2,909 shares of Common Stock at a price of $2.69 per share to cover tax obligations related to vested restricted stock.
Following the transaction, Nurthen continues to hold 380,607 shares directly. The share surrender was specifically approved by the Compensation Committee of the company's Board of Directors as part of standard tax withholding procedures for vested equity compensation.
- Transaction Code: F (Payment of exercise price or tax liability using portion of securities received)
- Ownership Type: Direct
- Role: CFO & Secretary
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,909 shares
Net Sell
1 txn
Insider
NURTHEN WILLIAM
Role
CFO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,909 | $2.69 | $8K |
Holdings After Transaction:
Common Stock — 380,607 shares (Direct)
Footnotes (1)
- F1. The reporting person surrendered these shares to the registrant to cover taxes on vested restricted stock, as approved by the Compensation Committee of the Registrant's Board of Directors.
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FAQ
What is William Nurthen's total RSSS stock ownership after the June 2025 transaction?
Following the reported transaction, William Nurthen directly owns 380,607 shares of RSSS common stock.
What position does William Nurthen hold at RSSS?
William Nurthen serves as the Chief Financial Officer (CFO) and Secretary of Research Solutions, Inc. (RSSS).
Does William Nurthen own any derivative securities of RSSS?
Based on the Form 4 filing, no derivative securities transactions or holdings were reported for William Nurthen in this filing.