Sypris (NASDAQ: SYPR) officer has shares withheld for taxes on vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sypris Solutions VP and Chief Accounting Officer Rebecca R. Eckert had 3,534 shares of common stock withheld at $2.93 per share on April 1, 2026 to cover tax obligations on a restricted stock award that vested 100%. She now directly holds 68,576 shares of common stock. This was a tax-withholding disposition, not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eckert Rebecca R
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,534 | $2.93 | $10K |
Holdings After Transaction:
Common Stock — 68,576 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withheld shares: 3,534 shares
Withholding price: $2.93 per share
Shares held after transaction: 68,576 shares
3 metrics
Tax-withheld shares
3,534 shares
Common stock withheld for taxes at $2.93 on April 1, 2026
Withholding price
$2.93 per share
Value used for tax-withholding disposition on 3,534 shares
Shares held after transaction
68,576 shares
Direct ownership by Rebecca R. Eckert following tax withholding
Key Terms
Restricted Stock award, tax-withholding disposition, 2020 Sypris Omnibus Plan
3 terms
Restricted Stock award financial
"Restricted Stock award under the 2020 Sypris Omnibus Plan, which vested 100% on April 1, 2026."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
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.
2020 Sypris Omnibus Plan financial
"Restricted Stock award under the 2020 Sypris Omnibus Plan, which vested 100% on April 1, 2026."
FAQ
What insider transaction did SYPR VP Rebecca Eckert report on this Form 4?
Rebecca R. Eckert reported a tax-withholding disposition of 3,534 shares of Sypris Solutions common stock. The shares were withheld by the company to cover tax obligations tied to a restricted stock award that vested in full on April 1, 2026.