Shimmick CFO RSUs Vest; Shares Withheld for Taxes
Shimmick Corp Chief Financial Officer Todd Wilbur Yoder reported the vesting of previously granted Restricted Stock Units that converted into common stock on a one-for-one basis.
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Form Type
4
Rhea-AI Filing Summary
Shimmick Corp Chief Financial Officer Todd Wilbur Yoder reported the vesting of previously granted Restricted Stock Units that converted into common stock on a one-for-one basis. On April 14, 2026, 72,464 RSUs and 59,783 RSUs settled into an equal number of common shares.
To cover tax obligations from these vestings, the company withheld 22,335 and 16,393 common shares at $3.91 per share, described as payment of tax liability by delivering securities. Following these transactions, Yoder holds 95,519 shares of common stock directly. Footnotes also note a grant of 181,159 RSUs that vest in three equal annual installments beginning April 14, 2026, subject to continued employment.
Insider Trade Summary
132,247 shares exercised/converted
Exercise
6 txns
Insider
Yoder Todd Wilbur
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 72,464 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 59,783 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 72,464 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 22,335 | $3.91 | $87K |
| Exercise | Common Stock, par value $0.01 per share | 59,783 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 16,393 | $3.91 | $64K |
Holdings After Transaction:
Restricted Stock Units — 121,376 contracts (Direct);
Common Stock, par value $0.01 per share — 95,519 shares (Direct)
Footnotes (4)
- F1. RSUs convert into common stock on a one-for-one basis.
- F2. Represents shares withheld by the Company to pay taxes due following the vesting of previously granted Restricted Stock Units.
- F3. On May 16, 2025, the Reporting Person was granted 72,464 RSUs which vested in full and settled into shares of common stock on April 14, 2026.
- F4. On May 16, 2025, the Reporting Person was also granted 181,159 RSUs which vest in full and settle into shares of common stock in three equal annual installments beginning on April 14, 2026, subject to Reporting Person's continued employment.
Key Figures
RSUs settled (first grant): 72,464 shares
RSUs settled (additional): 59,783 shares
Tax-withholding shares: 38,728 shares
+4 more
7 metrics
RSUs settled (first grant)
72,464 shares
RSUs granted May 16, 2025; vested and settled April 14, 2026
RSUs settled (additional)
59,783 shares
Additional RSUs settled into common stock on April 14, 2026
Tax-withholding shares
38,728 shares
22,335 and 16,393 shares withheld to pay taxes at $3.91
Tax-withholding price
$3.91 per share
Value used for shares delivered to satisfy tax liability
Shares held after transactions
95,519 shares
Common stock directly owned by CFO after April 14, 2026 activity
Total RSU exercises
132,247 shares
Aggregate RSUs exercised/converted as shown in transaction summary
RSUs granted with multi-year vesting
181,159 RSUs
Vest in three equal annual installments beginning April 14, 2026
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, vested in full and settled, +1 more
5 terms
Restricted Stock Units financial
"Represents shares withheld by the Company to pay taxes due following the vesting of previously granted 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.
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vested in full and settled financial
"RSUs which vested in full and settled into shares of common stock on April 14, 2026."
three equal annual installments financial
"181,159 RSUs which vest in full and settle into shares of common stock in three equal annual installments"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Shimmick (SHIM) CFO Todd Yoder report?
Shimmick CFO Todd Yoder reported the vesting and conversion of Restricted Stock Units into common stock. On April 14, 2026, 72,464 RSUs and 59,783 RSUs settled into an equal number of shares, reflecting routine equity compensation activity rather than open-market buying or selling.
What is the tax-withholding disposition reported for Shimmick (SHIM) CFO?
The filing reports two tax-withholding dispositions under code F: 22,335 and 16,393 common shares at $3.91 per share. Footnotes state these shares were withheld by the company to pay taxes due upon RSU vesting, rather than sold in open-market transactions.
What RSU grants are disclosed for Shimmick (SHIM) CFO Todd Yoder?
Footnotes state that on May 16, 2025, Todd Yoder was granted 72,464 RSUs that vested in full on April 14, 2026, and 181,159 RSUs that vest in three equal annual installments starting April 14, 2026, with settlement into common shares subject to his continued employment.
How do Shimmick (SHIM) RSUs convert into common stock in this Form 4?
The filing notes that Restricted Stock Units convert into common stock on a one-for-one basis. For example, 72,464 RSUs and 59,783 RSUs each settled into the same number of common shares on April 14, 2026, illustrating the direct conversion ratio used for these equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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