Sensus CFO updates holdings after tax share withholding
Sensus Healthcare, Inc. chief financial officer Javier Rampolla reported a routine share adjustment linked to equity compensation.
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Rhea-AI Filing Summary
Sensus Healthcare, Inc. chief financial officer Javier Rampolla reported a routine share adjustment linked to equity compensation. On July 21, 2022, 3,935 shares of common stock were withheld at $10.51 per share to cover his tax obligation from vested restricted stock. After this withholding, he beneficially owned 48,114 shares of common stock directly. The amended filing also corrects an earlier Form 4 that had overstated his holdings by 742 shares, revising the previously reported 48,856 shares to the accurate 48,114 shares as of that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,935 | $10.51 | $41K |
Footnotes (2)
- F1. Represents shares withheld to pay the reporting person's withholding tax obligation arising solely in connection with the vesting of restricted stock.
- F2. On July 25, 2022, the reporting person filed a Form 4 (the "Original Report") which inadvertently reported that the reporting person owned 48,856 shares of the issuer's common stock as of July 21, 2022. In fact, the reporting person held 48,114 shares of the issuer's common stock as of July 21, 2022. As a result of the error in the Original Report, the number of shares of common stock beneficially owned by the reporting person as reported on each Form 4 filed by the reporting person between the date of the Original Report and the filing of this amendment to the Original Report was overstated by 742 shares.
Key Figures
Key Terms
withheld to pay the reporting person's withholding tax obligation financial
restricted stock financial
Form 4 regulatory
beneficially owned financial
withholding tax obligation financial
FAQ
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What did Sensus Healthcare (SRTS) CFO Javier Rampolla report in this Form 4/A?
Was the Sensus Healthcare (SRTS) Form 4/A an open-market sale by the CFO?
What error does this Sensus Healthcare (SRTS) Form 4/A amendment correct?
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