ONE Group Hospitality (STKS) CAO has shares withheld for tax on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ONE Group Hospitality, Inc. Chief Accounting Officer Christi Hing reported a routine tax-withholding disposition of 5,590 shares of common stock at $1.94 per share. These shares were withheld to cover taxes upon the vesting of 14,092 restricted stock units, and Hing now directly holds 101,352 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hing Christi
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,590 | $1.94 | $11K |
Holdings After Transaction:
Common Stock — 101,352 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withheld shares: 5,590 shares
Withholding price: $1.94 per share
RSUs vested: 14,092 units
+1 more
4 metrics
Tax-withheld shares
5,590 shares
Common stock withheld for tax liability
Withholding price
$1.94 per share
Value used for tax-withholding disposition
RSUs vested
14,092 units
Restricted stock units that vested, triggering tax withholding
Shares held after
101,352 shares
Direct common stock ownership following transaction
Key Terms
tax-withholding disposition, restricted stock units, Form 4, Chief Accounting Officer
4 terms
tax-withholding disposition financial
"reported a routine tax-withholding disposition of 5,590 shares of common stock"
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.
restricted stock units financial
"upon the vesting of 14,092 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.
Form 4 regulatory
"What did STKS executive Christi Hing report in this 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.
Chief Accounting Officer financial
"Christi Hing serves as Chief Accounting Officer of ONE Group Hospitality"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
FAQ
What did STKS executive Christi Hing report in this Form 4?
Christi Hing reported a tax-withholding disposition of 5,590 shares of ONE Group Hospitality common stock. The shares were withheld to cover tax obligations tied to the vesting of 14,092 restricted stock units, rather than sold in the open market.
What triggered the tax withholding for STKS executive Christi Hing?
The tax withholding was triggered by the vesting of 14,092 restricted stock units awarded to Christi Hing. Upon vesting, the company withheld 5,590 shares of common stock to cover associated tax liabilities, as disclosed in the Form 4 footnote.
What does transaction code “F” mean in the STKS Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 5,590 shares of ONE Group Hospitality stock were withheld to satisfy taxes on vested restricted stock units, rather than sold for investment purposes.
What role does Christi Hing hold at ONE Group Hospitality (STKS)?
Christi Hing serves as Chief Accounting Officer of ONE Group Hospitality, Inc. The Form 4 filing reflects her executive status and discloses compensation-related share withholding activity tied to the vesting of restricted stock units.