Senseonics (SENS) CCO has 5,420 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Senseonics Holdings, Inc. reported an insider equity update for Chief Commercial Officer Brian B. Hansen. On the reported date, 5,420 shares of common stock were disposed of at $7.18 per share to satisfy withholding tax obligations tied to vesting restricted stock units. This was a tax-withholding transaction rather than an open-market sale. After this event, Hansen directly owned 126,937 shares of Senseonics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HANSEN BRIAN B
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,420 | $7.18 | $39K |
Holdings After Transaction:
Common Stock — 126,937 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 5,420 shares
Withholding share price: $7.18 per share
Shares held after transaction: 126,937 shares
3 metrics
Shares withheld for taxes
5,420 shares
Withheld to satisfy tax obligations on RSU vesting
Withholding share price
$7.18 per share
Value used for tax-withholding disposition
Shares held after transaction
126,937 shares
Direct ownership following tax withholding
Key Terms
restricted stock units, withholding tax obligations, Chief Commercial Officer, 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"
Chief Commercial Officer financial
"Chief Commercial Officer Brian B. Hansen"
A chief commercial officer (CCO) is the senior executive responsible for a company’s revenue-generating activities, including sales, marketing, pricing, customer relationships and business development. Think of the CCO as the head coach who builds the game plan to win customers and grow sales; their effectiveness affects how fast a company earns money, enters new markets and sustains profits, making the role a key signal for investors about future revenue and competitive strength.
Form 4 regulatory
"Senseonics reported the insider transaction on 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 insider transaction did Senseonics (SENS) report for Brian B. Hansen?
Senseonics reported that Chief Commercial Officer Brian B. Hansen had 5,420 common shares withheld to cover tax obligations from vesting restricted stock units, at a price of $7.18 per share. This was a tax-withholding disposition, not an open-market sale of shares.
Did the Senseonics (SENS) insider transaction involve an open-market sale?
No, the transaction did not involve an open-market sale. The 5,420 shares were withheld by the company to satisfy withholding tax obligations triggered when restricted stock units vested. This is a routine compensation-related event rather than a discretionary sale into the market.
What does the F code mean in the Senseonics (SENS) Form 4 filing?
The F transaction code indicates a tax-withholding disposition. In this case, 5,420 Senseonics shares were withheld to pay taxes due when restricted stock units vested. It represents payment of a tax liability using shares, rather than a voluntary buy or sell in the market.