System1 (SST) CPO has 7,058 shares withheld for RSU tax obligations
Rhea-AI Filing Summary
System1, Inc. reported that Chief People Officer Elizabeth Sestanovich had 7,058 shares of Class A common stock withheld on July 15, 2026 to satisfy tax obligations on the vesting of 13,870 restricted stock units (RSUs). After this tax-withholding disposition, she directly held 51,890 shares, including 28,140 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sestanovich Elizabeth
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 7,058 | $2.60 | $18K |
Holdings After Transaction:
Class A Common Stock — 51,890 shares (Direct)
Footnotes (1)
- Upon the vesting of 13,870 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 7,058 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs. Includes 28,140 unvested RSUs.
Key Figures
Shares withheld for taxes: 7,058 shares
Per-share value for withholding: $2.6000 per share
Shares held after transaction: 51,890 shares
+2 more
5 metrics
Shares withheld for taxes
7,058 shares
Class A common stock withheld for tax obligation on July 15, 2026
Per-share value for withholding
$2.6000 per share
Value applied to the 7,058 withheld shares
Shares held after transaction
51,890 shares
Direct Class A common stock holdings following the disposition
RSUs vested
13,870 RSUs
Restricted stock units that vested and triggered the tax withholding
Unvested RSUs included in holdings
28,140 unvested RSUs
Unvested RSUs included in post-transaction direct holdings
Key Terms
restricted stock units, tax withholding obligation, unvested RSUs
3 terms
restricted stock units financial
"Upon the vesting of 13,870 restricted stock units ("RSUs") previously granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"withheld 7,058 shares to cover the reporting person's tax withholding obligation"
unvested RSUs financial
"Includes 28,140 unvested RSUs."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did System1 (SST) report for Elizabeth Sestanovich?
System1 (SST) reported that Chief People Officer Elizabeth Sestanovich had 7,058 shares of Class A common stock withheld on July 15, 2026 to cover taxes on vesting RSUs, leaving her with 51,890 shares directly held after the transaction.
What triggered the tax withholding reported for System1 (SST)’s CPO?
The tax withholding arose upon the vesting of 13,870 restricted stock units (RSUs) previously granted to Elizabeth Sestanovich. When these RSUs vested, 7,058 shares were withheld by the company to cover her associated tax withholding obligation on that vesting event.
How many unvested System1 (SST) RSUs does the CPO still hold after this filing?
After the reported transaction, Elizabeth Sestanovich’s holdings include 28,140 unvested RSUs. This figure is specifically identified in the footnotes as part of her reported direct holdings following the tax-withholding disposition tied to the vesting of other RSUs.
Was the System1 (SST) insider transaction under a Rule 10b5-1 plan?
The Form 4 does not indicate that the transaction was executed under a Rule 10b5-1 trading plan; the document-level checkbox affirming such a plan is not marked, and the footnotes describe the event solely as tax withholding on vesting RSUs.