Beauty Health (NASDAQ: SKIN) CFO has 58,573 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beauty Health Co Chief Financial Officer Michael P. Monahan reported a tax-related share disposition tied to vesting of restricted stock units. The filing shows 58,573 shares of Class A Common Stock valued at $1.17 per share were withheld by the company to satisfy tax withholding requirements and explicitly notes this does not represent a sale in the market. After this withholding, Monahan directly holds 1,267,732 shares of Class A Common Stock, indicating he retains a substantial equity position following the RSU vesting event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MONAHAN MICHAEL P.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 58,573 | $1.17 | $69K |
Holdings After Transaction:
Class A Common Stock — 1,267,732 shares (Direct)
Footnotes (1)
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FAQ
What did Beauty Health (SKIN) CFO Michael Monahan report in this Form 4?
Beauty Health CFO Michael P. Monahan reported a tax-related share disposition. The company withheld 58,573 Class A Common Stock shares at $1.17 per share to cover tax withholding on RSU vesting, while he retained 1,267,732 shares afterward.
What does transaction code F mean in the Beauty Health (SKIN) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 58,573 shares were withheld by Beauty Health to cover tax withholding on RSU vesting, rather than sold in the open market.
Is the Form 4 transaction for Beauty Health (SKIN) CFO considered a tax-withholding disposition?
Yes, the transaction is classified as a tax-withholding disposition. The company withheld 58,573 shares to meet tax obligations from restricted stock unit vesting, and the footnote confirms it does not represent an actual sale of shares.