Firy (FIRY) CHRO RSUs vest while shares are withheld to pay taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Firy Inc.’s Chief Human Resources Officer, Nicole Marie Singleton, reported routine equity compensation activity involving restricted stock units. On July 1, 2026, restricted stock units settled into 4,665 shares of Class A common stock, reflecting vesting of previously granted awards.
To cover withholding taxes tied to these vesting events, 1,137 shares of Class A common stock were disposed of at an indicated price of $10.18 per share, characterized as tax-withholding dispositions rather than open-market sales. After the transactions, Singleton directly held about 50,151 shares of Class A common stock, indicating she retained the vast majority of the vested shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,665 shares exercised/converted
Mixed
6 txns
Insider
Singleton Nicole Marie
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,587 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 3,078 | $0.00 | -- |
| Exercise | Class A common stock | 1,587 | $0.00 | -- |
| Tax Withholding | Class A common stock | 387 | $10.18 | $4K |
| Exercise | Class A common stock | 3,078 | $0.00 | -- |
| Tax Withholding | Class A common stock | 750 | $10.18 | $8K |
Holdings After Transaction:
Restricted Stock Unit — 9,526 shares (Direct, null);
Class A common stock — 50,538 shares (Direct, null)
Footnotes (1)
- The restricted stock units settled in Class A common stock of the Company on July 1, 2026. Represents shares withheld for payment of withholding taxes in connection with vesting of restricted stock unit awards. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock. The restricted stock unit grant will vest in twelve substantially equal installments over three years on each three month anniversary of January 1, 2025, subject to continuous service with the Company. The restricted stock unit grant will vest in twelve substantially equal installments over three years on each three month anniversary of January 1, 2026, subject to continuous service with the Company.
Key Figures
RSUs settled into shares: 4,665 shares
Shares withheld for taxes: 1,137 shares
Post-transaction holdings: 50,151 shares
+3 more
6 metrics
RSUs settled into shares
4,665 shares
Restricted stock units settling into Class A common stock on July 1, 2026
Shares withheld for taxes
1,137 shares
Tax-withholding dispositions at $10.18 per share on July 1, 2026
Post-transaction holdings
50,151 shares
Class A common stock directly held after transactions
Tax-withholding price
$10.18 per share
Reference price for 750 and 387 withheld shares
First RSU batch exercised
3,078 units
Restricted stock units converting into Class A shares
Second RSU batch exercised
1,587 units
Restricted stock units converting into Class A shares
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security, Class A common stock
4 terms
Restricted Stock Unit financial
"The restricted stock units settled in Class A common stock of the Company on July 1, 2026."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Represents shares withheld for payment of withholding taxes in connection with vesting of restricted stock unit awards."
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.
Class A common stock financial
"Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transactions did Firy (FIRY) report for Nicole Marie Singleton?
Nicole Marie Singleton reported RSU vesting that converted into 4,665 Class A shares and related tax-withholding dispositions of 1,137 shares. These are compensation-related events, not open-market purchases or sales, and reflect routine settlement of equity awards.
Were Nicole Singleton’s Firy transactions open-market buys or sells?
No, the filing does not report open-market buys or sells. It shows derivative exercises of restricted stock units and share dispositions solely for tax withholding. These are mechanical compensation and tax events rather than discretionary trading decisions in Firy stock.