Senseonics (SENS) GC uses 7,320 shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Senseonics Holdings, Inc. reported that GC & Corp. Development Advisor Kenneth L. Horton had 7,320 shares of common stock withheld on May 15, 2026 to cover withholding tax obligations from vesting restricted stock units. After this tax-withholding disposition, he directly holds 137,114 shares of Senseonics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Horton Kenneth L
Role
GC & Corp. Development Advisor
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,320 | $5.82 | $43K |
Holdings After Transaction:
Common Stock — 137,114 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 7,320 shares
Withholding price per share: $5.82 per share
Shares held after transaction: 137,114 shares
+1 more
4 metrics
Shares withheld for taxes
7,320 shares
Withholding tax obligations on RSU vesting, May 15, 2026
Withholding price per share
$5.82 per share
Value used for tax-withholding disposition
Shares held after transaction
137,114 shares
Direct ownership by Kenneth L. Horton following tax withholding
Tax-withholding transactions
1 transaction, 7,320 shares
Summary of F-code tax-withholding disposition
Key Terms
restricted stock units, withholding tax obligations, tax-withholding disposition, Common Stock
4 terms
restricted stock units financial
"upon the vesting of restricted stock units"
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.
withholding tax obligations financial
"shares withheld to satisfy withholding tax obligations"
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.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Senseonics (SENS) executive Kenneth L. Horton report in this Form 4?
Kenneth L. Horton reported a tax-withholding disposition of 7,320 Senseonics shares. These shares were withheld to satisfy tax obligations when his restricted stock units vested, rather than sold in the open market, and he continues to hold a substantial direct position afterward.
Does this Senseonics (SENS) Form 4 show an open-market sale by Kenneth L. Horton?
No, it shows a tax-withholding disposition, not an open-market sale. The 7,320 shares were withheld by the company to pay taxes on vested restricted stock units, a routine administrative event tied to equity compensation rather than discretionary trading.
What role does Kenneth L. Horton hold at Senseonics (SENS)?
Kenneth L. Horton serves as GC & Corp. Development Advisor at Senseonics. His reported transaction involves shares of common stock tied to his equity compensation, specifically restricted stock units that vested and triggered related tax-withholding in the form of share disposition.