System1 CFO buys 26,910 shares in private deal
System1, Inc. Chief Financial Officer Kidambi Tridivesh purchased 26,910 shares of Class A Common Stock at $3.00 per share.
Rhea-AI Filing Summary
System1, Inc. Chief Financial Officer Kidambi Tridivesh purchased 26,910 shares of Class A Common Stock at $3.00 per share. The shares were bought in a privately negotiated, arm’s length transaction from another existing holder, rather than through the stock exchange.
Separately, upon vesting of 838 restricted stock units, the company withheld 301 shares at $2.26 per share to satisfy his tax withholding obligation, which is a routine non-market disposition. After these transactions, he directly holds 146,515 shares, including 52,514 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 26,910 | $3.00 | $81K |
| Exercise Price or Tax Liability | Class A Common Stock | 301 | $2.26 | $680.26 |
Footnotes (4)
- F1. The Reporting Person purchased 26,910 shares in a privately negotiated arm's length transaction from another existing holder of the Issuer's Class A common stock in a transaction that was not conducted through the exchange on which the Issuer's securities are listed.
- F2. Includes 53,352 unvested RSUs.
- F3. Upon the vesting of 838 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 301 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.
- F4. Includes 52,514 unvested RSUs.
Key Figures
Key Terms
restricted stock units financial
privately negotiated arm's length transaction financial
tax withholding obligation financial
Class A Common Stock financial
FAQ
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What did System1 (SST) CFO Kidambi Tridivesh do in this Form 4 filing?
What restricted stock unit (RSU) activity was reported for the System1 (SST) CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.