Signet Jewelers (SIG) CEO has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Signet Jewelers Chief Executive Officer James Kevin Symancyk reported a tax-related share withholding tied to equity compensation. On the vesting of one-third of a restricted stock unit grant made on April 2, 2025, 8,589.79 common shares were withheld to cover tax obligations at an average price of $85.28 per share.
After this tax-withholding disposition, Symancyk directly holds 148,772.83 common shares, which includes 112,809.42 restricted stock units that remain subject to vesting and forfeiture conditions. The transaction reflects routine tax settlement rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Symancyk James Kevin
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, par value $0.18 | 8,589.79 | $85.28 | $733K |
Holdings After Transaction:
Common Shares, par value $0.18 — 148,772.83 shares (Direct)
Footnotes (1)
- Reflects the number of shares withheld for tax purposes upon vesting of 1/3 of the restricted stock units granted on April 2, 2025. Reflects the average of the high and low sale price of the common shares on the date of vest. Includes 112,809.42 restricted stock units which are subject to certain vesting and forfeiture provisions.
Key Figures
Shares withheld for taxes: 8,589.79 shares
Valuation price per share: $85.28 per share
Shares held after transaction: 148,772.83 shares
+1 more
4 metrics
Shares withheld for taxes
8,589.79 shares
Tax-withholding disposition on RSU vesting April 2, 2026
Valuation price per share
$85.28 per share
Average of high and low sale prices on vesting date
Shares held after transaction
148,772.83 shares
Direct holdings following tax-withholding disposition
Remaining restricted stock units
112,809.42 RSUs
Unvested units subject to vesting and forfeiture provisions
Key Terms
tax-withholding disposition, restricted stock units, vesting, forfeiture provisions
4 terms
tax-withholding disposition financial
"reported a tax-related share withholding tied to equity compensation."
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.
restricted stock units financial
"vesting of 1/3 of the restricted stock units granted on April 2, 2025."
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.
vesting financial
"upon vesting of 1/3 of the restricted stock units granted on April 2, 2025."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
forfeiture provisions financial
"restricted stock units which are subject to certain vesting and forfeiture provisions."
FAQ
What insider transaction did Signet Jewelers (SIG) CEO James Symancyk report?
James Symancyk reported a tax-withholding disposition of 8,589.79 Signet Jewelers common shares. The shares were withheld to cover taxes upon vesting of restricted stock units, using an average price of $85.28 per share on the vesting date.
Was the Signet Jewelers (SIG) CEO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax obligations when one-third of previously granted restricted stock units vested.
What restricted stock units does the Signet Jewelers (SIG) CEO still have after the vesting event?
After the vesting event and tax withholding, James Symancyk’s holdings include 112,809.42 restricted stock units. These units remain subject to specified vesting schedules and forfeiture terms, meaning they convert into shares only if conditions are fully met.
How was the $85.28 price used in the Signet Jewelers (SIG) Form 4 determined?
The $85.28 per-share price reflects the average of the high and low sale prices of Signet Jewelers common shares on the vesting date. This average price was used to value the 8,589.79 shares withheld for tax purposes.