Shattuck Labs (NASDAQ: STTK) executive reports 968-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shattuck Labs, Inc. executive Stephen Stout reported a small tax-related share disposition. On this Form 4, 968 shares of Common Stock were withheld at $6.85 per share to cover tax obligations, a non-market transaction. After this withholding, Stout directly holds 80,561 shares of Shattuck Labs common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stout Stephen
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 968 | $6.85 | $7K |
Holdings After Transaction:
Common Stock — 80,561 shares (Direct, null)
Footnotes (1)
Key Figures
Shares withheld for taxes: 968 shares
Withholding price: $6.85 per share
Shares owned after transaction: 80,561 shares
3 metrics
Shares withheld for taxes
968 shares
Tax-withholding disposition on Common Stock
Withholding price
$6.85 per share
Value used for tax-withholding disposition
Shares owned after transaction
80,561 shares
Direct holdings following tax withholding
Key Terms
Common Stock, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities
3 terms
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.
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did STTK executive Stephen Stout report on this Form 4?
Stephen Stout reported a tax-related disposition of 968 Shattuck Labs shares. These shares were withheld by the company to satisfy tax obligations, rather than sold on the open market, and reflect a routine compensation-related adjustment.
Was the STTK Form 4 transaction an open-market sale of Shattuck Labs stock?
No, the Form 4 for STTK shows a tax-withholding disposition, not an open-market sale. The company withheld 968 shares at $6.85 per share to cover tax liabilities tied to equity compensation.
What does transaction code F mean in the STTK Form 4 filing?
Transaction code F on the STTK Form 4 indicates a payment of tax liability by delivering securities. In this case, 968 Shattuck Labs common shares were withheld at $6.85 each to satisfy tax obligations connected to an equity award.
Is the STTK Form 4 transaction likely to signal a change in insider sentiment?
The STTK Form 4 describes a tax-withholding disposition, which is typically routine and mechanical. Because the shares were withheld to cover taxes rather than sold voluntarily, it generally carries limited information about the insider’s view of Shattuck Labs’ prospects.