Senseonics (SENS) CEO sees 32,598 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Senseonics Holdings, Inc. reported an insider equity transaction by President and CEO Timothy T. Goodnow. On the reported date, 32,598 shares of common stock were withheld at a price of $7.18 per share to cover withholding tax obligations tied to the vesting of restricted stock units. This was not an open-market sale but a tax-withholding disposition. After this transaction, Goodnow directly held 1,143,748 shares of Senseonics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goodnow Timothy T
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 32,598 | $7.18 | $234K |
Holdings After Transaction:
Common Stock — 1,143,748 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 32,598 shares
Withholding price per share: $7.18 per share
Shares held after transaction: 1,143,748 shares
3 metrics
Shares withheld for taxes
32,598 shares
Withheld to satisfy tax obligations on RSU vesting
Withholding price per share
$7.18 per share
Value used for the tax-withholding disposition
Shares held after transaction
1,143,748 shares
Direct Senseonics common stock holdings post-transaction
Key Terms
restricted stock units, withholding tax obligations, tax-withholding disposition, Form 4
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Senseonics (SENS) CEO Timothy Goodnow report in this Form 4?
Timothy Goodnow reported a tax-related share disposition. 32,598 Senseonics common shares were withheld at $7.18 each to satisfy withholding tax obligations from vesting restricted stock units, leaving him with 1,143,748 directly held shares afterward.
Was the Senseonics (SENS) CEO’s Form 4 transaction an open-market sale?
No, it was not an open-market sale. The 32,598 Senseonics shares were withheld by the company to cover tax obligations upon vesting of restricted stock units, a routine administrative transaction rather than a discretionary market sale.