Rumble (RUM) director awarded 44,518 RSUs, covers tax with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rumble Inc. director Paul T. Cappuccio reported routine equity compensation and related tax withholding. He received a grant of 44,518 restricted stock units, which are scheduled to vest on June 12, 2027. In a separate transaction, 16,786 shares of Class A common stock were disposed of at $7.54 per share to satisfy tax liabilities arising from the vesting of restricted stock units. Following these transactions, Cappuccio directly holds 140,291 shares of Rumble Inc. Class A common stock. The filing reflects compensation and tax-related activity rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CAPPUCCIO PAUL T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.0001 per share | 44,518 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, par value $0.0001 per share | 16,786 | $7.54 | $127K |
Holdings After Transaction:
Class A Common Stock, par value $0.0001 per share — 140,291 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: 44,518 units
Tax-withholding shares: 16,786 shares
Tax-withholding price: $7.54 per share
+1 more
4 metrics
RSU grant
44,518 units
Restricted stock units vesting on June 12, 2027
Tax-withholding shares
16,786 shares
Disposed to satisfy RSU-related tax liability
Tax-withholding price
$7.54 per share
Price for 16,786-share F-code disposition
Holdings after grant
140,291 shares
Total Class A common stock directly held after transactions
Key Terms
restricted stock units, tax liability, grant/award acquisition, tax-withholding disposition
4 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 acquisition financial
"transaction_action": "grant/award 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.
FAQ
What insider transactions did Rumble (RUM) director Paul T. Cappuccio report?
Paul T. Cappuccio reported a grant of 44,518 restricted stock units and a tax-related disposition of 16,786 shares. Both transactions are compensation and withholding events, not open-market trades, and relate to Rumble Inc.’s Class A common stock.
What is the nature of the 44,518 restricted stock units granted to Rumble (RUM) director Cappuccio?
The 44,518 units are restricted stock units that vest on June 12, 2027. They represent deferred equity compensation, meaning Cappuccio receives the underlying shares only upon vesting, subject to any applicable company and service conditions.
Does the Rumble (RUM) Form 4 show any open-market buying or selling by Paul T. Cappuccio?
No open-market purchases or sales are reported. The filing shows a grant of 44,518 restricted stock units and a tax-withholding disposition of 16,786 shares tied to RSU vesting, indicating compensation and tax events rather than discretionary market trades.