System1 counsel reports RSU tax share withholding
System1, Inc. reported an insider equity event for General Counsel & Secretary Daniel J. Weinrot.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
System1, Inc. reported an insider equity event for General Counsel & Secretary Daniel J. Weinrot. Upon vesting of 17,995 restricted stock units (RSUs), the company withheld 9,156 shares of Class A Common Stock at $2.60 per share to satisfy his tax withholding obligation.
After this non-market tax-withholding disposition, Weinrot directly holds 59,897 shares of Class A Common Stock, which includes 36,515 unvested RSUs. No open-market purchase or sale of shares occurred as part of this transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 9,156 | $2.60 | $24K |
Footnotes (2)
- F1. Upon the vesting of 17,995 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 9,156 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.
- F2. Includes 36,515 unvested RSUs.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
tax withholding obligation financial
unvested RSUs financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did System1 (SST) General Counsel Daniel J. Weinrot report?
How many restricted stock units vested and remain unvested for System1 (SST) insider Daniel J. Weinrot?
Was the System1 (SST) insider activity for Daniel J. Weinrot an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.