Signet (SIG) Form 4 — RSU Tax-Withholding Leaves 43,667.91 Shares
Rhea-AI Filing Summary
Signet Jewelers insider transaction: The Form 4 shows that Vincent Ciccolini, Chief Accounting Officer of Signet Jewelers Ltd (SIG), had 40 common shares withheld on 09/28/2025 to satisfy taxes when one-third of restricted stock units granted 09/28/2022 vested. The shares were withheld at an average sale price of $95.34, leaving beneficial ownership of 43,667.91 shares, which includes 5,957.91 restricted stock units still subject to vesting and forfeiture. The filing is a routine tax-withholding disposition and was signed by an attorney-in-fact on 09/30/2025.
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Insights
TL;DR: Routine tax-withholding sale on RSU vesting; immaterial to company fundamentals.
The reported disposition reflects withholding of 40 shares to cover taxes upon vesting of one-third of RSUs granted in 2022. The transaction price is reported as the average high-low price of $95.34 on the vest date. The remaining beneficial ownership reported (43,667.91 shares) includes 5,957.91 RSUs still subject to vesting and forfeiture, indicating continued potential future alignment with shareholders, but no change to outstanding share count or company cash flow is implied by this internal tax settlement.
TL;DR: Filing demonstrates compliance with Section 16 reporting; transaction appears procedural.
The Form 4 documents timely disclosure of an officer's tax-related share withholding tied to RSU vesting. The use of withheld shares to satisfy taxes is a common administrative practice and the report includes explanatory footnotes about vesting and price determination. There are no indications of discretionary open-market sales or changes in control from this filing.