Smith & Wesson (SWBI) VP has 7,721 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMITH & WESSON BRANDS, INC. Vice President of Marketing Kyle Tengwall reported a tax-related share disposition. On June 15, 2026, 7,721 shares of common stock were withheld by the company at $14.35 per share to satisfy tax withholding obligations tied to vesting restricted stock units.
After this withholding, Tengwall directly held 147,517 shares of common stock. The filing indicates this was a payment of tax liability by delivering securities, not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tengwall Kyle
Role
Vice President, Marketing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,721 | $14.35 | $111K |
Holdings After Transaction:
Common Stock — 147,517 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 7,721 shares
Per-share value for withholding: $14.35 per share
Shares held after transaction: 147,517 shares
+1 more
4 metrics
Shares withheld for taxes
7,721 shares
Tax withholding disposition on June 15, 2026
Per-share value for withholding
$14.35 per share
Price used in tax-withholding entry
Shares held after transaction
147,517 shares
Direct common stock holdings following withholding
Tax-withholding transactions
1 transaction, 7,721 shares
Summary of tax-withholding activity in this Form 4
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition, beneficial ownership
4 terms
restricted stock units financial
"associated with the vesting of 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 obligations financial
"to satisfy certain tax withholding obligations associated"
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.
beneficial ownership financial
"tax withholding obligations associated with the vesting of restricted stock units."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did Smith & Wesson (SWBI) executive Kyle Tengwall report in this Form 4?
Kyle Tengwall reported that 7,721 shares of Smith & Wesson common stock were withheld to cover tax obligations. These obligations arose from the vesting of restricted stock units, and the transaction is classified as a tax-withholding disposition rather than an open-market trade.
Was Kyle Tengwall’s SWBI Form 4 transaction an open-market sale or a tax withholding?
The transaction was a tax withholding, not an open-market sale. The Form 4 describes it as payment of tax liability by delivering securities, and the footnote explains the shares were withheld to satisfy tax obligations related to restricted stock unit vesting.
What type of equity award triggered the tax withholding for SWBI executive Kyle Tengwall?
The tax withholding was triggered by the vesting of restricted stock units. According to the footnote, the 7,721 withheld shares of Smith & Wesson common stock satisfied certain tax withholding obligations associated with these restricted stock unit awards when they vested.