Research Solutions CFO Surrenders 2,909 Shares for Tax Obligations
Research Solutions CFO William Nurthen reported a Form 4 filing on June 28, 2025, disclosing a transaction that occurred on June 20, 2025.
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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
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,909 | $2.69 | $8K |
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.
FAQ
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