Streamex (STEX) CIO sells 23,810 shares to cover RSU tax
Rhea-AI Filing Summary
Streamex Corp. director and Chief Investment Officer Williams Mitchell Young reported a sale of 23,810 shares of common stock at an average price of $1.0464 per share. According to the footnote, these shares were sold solely to cover tax withholding obligations from the partial vesting of Restricted Stock Units granted on May 29, 2025. After this transaction, Young directly holds 3,013,838 shares of Streamex common stock, so the disposition represents only a small portion of his overall position and reflects a tax-related event rather than a discretionary open-market reduction.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 23,810 | $1.0464 | $25K |
Footnotes (1)
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Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
open-market sale financial
Common Stock financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Streamex Corp. (STEX) report for Williams Mitchell Young?
Streamex Corp. reported that director and Chief Investment Officer Williams Mitchell Young disposed of 23,810 shares of common stock at $1.0464 per share. The shares were sold in connection with the partial vesting of Restricted Stock Units granted on May 29, 2025, to handle related tax obligations.
Does this Streamex (STEX) Form 4 involve any derivative securities or option exercises?
The Form 4 shows only a non-derivative common stock transaction for 23,810 shares and no derivative transactions. The footnote links the sale to the vesting of Restricted Stock Units, with no separate options or other derivative exercises reported in this filing.