System1 (SST) CFO has 120,164 shares after RSU tax withholding in SEC filing
Rhea-AI Filing Summary
System1, Inc. reported an insider equity transaction by its Chief Financial Officer, Tridivesh Kidambi. On 01/15/2026, 837 previously granted restricted stock units (RSUs) vested, and the company withheld 345 shares of Class A common stock at a price of $4.40 per share to cover the CFO's tax withholding obligation related to this vesting. This withholding is coded as an "F" transaction, indicating a tax-related share disposition rather than an open-market trade.
After this event, the CFO beneficially owned 120,164 shares of System1 Class A common stock on a direct basis, which includes 53,977 unvested RSUs that remain subject to future vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 345 | $4.40 | $2K |
Footnotes (1)
- Upon the vesting of 837 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 345 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs. Includes 53,977 unvested RSUs.
FAQ
What insider transaction did System1 (SST) report for its CFO?
System1 reported that its Chief Financial Officer, Tridivesh Kidambi, had 345 shares of Class A common stock withheld on 01/15/2026 to cover taxes upon the vesting of 837 restricted stock units (RSUs).
Was the System1 (SST) CFO’s Form 4 transaction an open-market sale?
No. The Form 4 shows an "F" code transaction, meaning 345 shares were withheld by the company to satisfy tax withholding obligations tied to the vesting of RSUs, rather than an open-market sale.
How many unvested RSUs does the System1 (SST) CFO still hold?
The footnotes state that the CFO’s holdings include 53,977 unvested restricted stock units (RSUs), which are part of his total beneficial ownership.
How is the CFO’s ownership in System1 (SST) classified after the Form 4?
The Form 4 classifies the CFO’s 120,164 shares of Class A common stock as directly owned, including his unvested RSUs.