Silicon Labs (SLAB) CFO uses 6,291 shares to cover equity-award taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SILICON LABORATORIES INC. Senior Vice President and CFO Dean Warren Butler reported a routine tax-related share disposition. On the reported date, 6,291 shares of common stock were withheld to cover taxes due upon vesting of a previously reported equity award, rather than sold in the open market. After this withholding, Butler directly holds 43,767 shares of Silicon Labs common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Butler Dean Warren
Role
Sr VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.0001 par value | 6,291 | $216.59 | $1.36M |
Holdings After Transaction:
Common Stock, $0.0001 par value — 43,767 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 6,291 shares
Reported price per share: $216.59 per share
Shares held after transaction: 43,767 shares
+1 more
4 metrics
Shares withheld for taxes
6,291 shares
Tax-withholding disposition on vesting of equity award
Reported price per share
$216.59 per share
Value used for 6,291 withheld shares
Shares held after transaction
43,767 shares
Direct holdings of CFO following withholding
Security par value
$0.0001 par value
Common Stock of Silicon Laboratories Inc.
Key Terms
tax-withholding disposition, equity award, Common Stock, $0.0001 par value, Form 4
4 terms
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.
equity award financial
"vested to pay taxes upon the vesting of a previously reported equity award"
An equity award is a form of pay where a company gives employees, executives or other stakeholders the right to own or buy company shares—either immediately or after meeting certain conditions. Think of it like receiving slices of the company pie now or coupons to claim slices later; it matters to investors because it affects ownership dilution, executive incentives and reported compensation costs, and signals how management is being rewarded and retained.
Common Stock, $0.0001 par value financial
"security_title": "Common Stock, $0.0001 par value""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Silicon Laboratories (SLAB) CFO Dean Warren Butler report in this Form 4?
The Form 4 shows 6,291 Silicon Laboratories shares were withheld from CFO Dean Warren Butler to cover taxes on a vesting equity award, leaving him with 43,767 directly held shares after the transaction.
Was the Silicon Laboratories (SLAB) CFO’s Form 4 transaction an open-market sale?
No. The 6,291 Silicon Laboratories shares were withheld to pay taxes on a vesting equity award, not sold in the open market, making this a routine tax-withholding disposition rather than a discretionary share sale.
What type of security is involved in the Silicon Laboratories (SLAB) Form 4?
The transaction involves Silicon Laboratories common stock with a par value of $0.0001 per share, reflecting standard equity compensation that vested and triggered the related tax-withholding share disposition.