ONE Group (STKS) CEO has shares withheld to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ONE Group Hospitality, Inc. reported a routine insider tax event for President and CEO Emanuel N. Hilario. The company withheld 28,599 shares of Common Stock at $1.98 per share to cover tax liabilities from the vesting of 62,877 restricted stock units. After this non-market disposition, he directly holds 2,001,924 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HILARIO EMANUEL N
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 28,599 | $1.98 | $57K |
Holdings After Transaction:
Common Stock — 2,001,924 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 28,599 shares
Withholding price per share: $1.98 per share
Shares after transaction: 2,001,924 shares
+1 more
4 metrics
Shares withheld for taxes
28,599 shares
Tax-withholding disposition of Common Stock
Withholding price per share
$1.98 per share
Value used for tax-withholding shares
Shares after transaction
2,001,924 shares
Direct holdings following tax withholding
RSUs vested
62,877 units
Restricted stock units that vested and triggered tax
Key Terms
restricted stock units, tax-withholding disposition, Common Stock, Form 4
4 terms
restricted stock units financial
"upon the vesting of 62,877 restricted stock units"
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 disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did STKS CEO Emanuel Hilario report?
Emanuel Hilario reported a tax-withholding disposition of 28,599 STKS shares. These shares were withheld by the company at $1.98 per share to satisfy tax obligations arising from the vesting of 62,877 restricted stock units, not an open-market sale.
Was the STKS CEO’s Form 4 transaction an open-market sale?
No, the STKS CEO’s Form 4 shows shares withheld for taxes, not an open-market sale. 28,599 shares were retained by the company to cover tax liabilities tied to vesting restricted stock units, a standard compensation-related mechanism.