Rumble (RUM) director Katie Biber logs RSU grant and tax withholding shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rumble Inc. director Katie Biber reported routine equity compensation activity in Class A Common Stock. She received 33,519 restricted stock units that were granted at no cost and are scheduled to vest on June 12, 2027. On the same date, 13,877 shares were disposed of to cover tax liabilities from RSU vesting, a non-market tax-withholding transaction. After these entries, she directly holds 89,260 shares of Rumble Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Biber Katie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.0001 per share | 33,519 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, par value $0.0001 per share | 13,877 | $7.54 | $105K |
Holdings After Transaction:
Class A Common Stock, par value $0.0001 per share — 89,260 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units of the Issuer vesting on June 12, 2027. Relates to tax liability arising from the vesting of restricted stock units.
Key Figures
RSU grant: 33,519 units
Tax-withholding shares: 13,877 shares
Tax-withholding price: $7.54 per share
+3 more
6 metrics
RSU grant
33,519 units
Grant of restricted stock units vesting on June 12, 2027
Tax-withholding shares
13,877 shares
Disposed to cover tax liability from RSU vesting
Tax-withholding price
$7.54 per share
Value used for tax-withholding disposition
Holdings after grant
89,260 shares
Total Class A Common Stock directly held after transactions
RSU vesting date
June 12, 2027
Scheduled vesting date of granted restricted stock units
Shares after tax withholding entry
75,383 shares
Direct holdings immediately after tax-withholding disposition
Key Terms
restricted stock units, tax liability, grant, award, or other acquisition, tax-withholding disposition, +1 more
5 terms
restricted stock units financial
"Grant of restricted stock units of the Issuer vesting on June 12, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"Relates to tax liability arising from the vesting of restricted stock units."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"Class A Common Stock, par value $0.0001 per share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transactions did Rumble (RUM) director Katie Biber report?
Rumble director Katie Biber reported two routine equity entries: a grant of 33,519 restricted stock units and a tax-withholding disposition of 13,877 shares tied to RSU vesting. After these transactions, she directly holds 89,260 shares of Class A Common Stock.
Was the Rumble (RUM) Form 4 transaction an open-market sale or purchase?
The Form 4 shows no open-market sale or purchase. It records a tax-withholding disposition of 13,877 shares to cover RSU-related taxes and a grant of 33,519 restricted stock units, both standard compensation-related entries rather than discretionary trading in the market.
What are the details of the restricted stock unit grant to Rumble (RUM) director Katie Biber?
Katie Biber received a grant of 33,519 restricted stock units of Rumble Class A Common Stock at a price of $0.00 per share. According to the filing, these RSUs are scheduled to vest on June 12, 2027, subject to their standard vesting conditions.
How does the Rumble (RUM) Form 4 classify Katie Biber’s transactions?
The Form 4 classifies the 33,519-share entry as an "A" code grant or award acquisition, and the 13,877-share entry as an "F" code tax-withholding disposition. Both involve non-derivative Class A Common Stock and are reported as directly owned by Katie Biber.