Teads (TEAD) CAO has 3,704 shares withheld to cover equity taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teads Holding Co. reported that CAO & SVP Corporate Controller Bradshaw Wenkai had company shares withheld to cover tax obligations from equity awards. On June 5, 2026, a total of 3,704 shares of common stock were disposed of as tax-withholding transactions at prices between $1.15 and $1.22 per share. These F-code transactions reflect shares withheld upon vesting and settlement of restricted stock units and performance stock units under Teads’ 2007 Omnibus Securities and Incentive Plan and 2021 Long-Term Incentive Plan, and are not open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bradshaw Wenkai
Role
CAO & SVP Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 378 | $1.22 | $461.16 |
| Tax Withholding | Common Stock | 3,232 | $1.15 | $4K |
| Tax Withholding | Common Stock | 94 | $1.15 | $108.10 |
Holdings After Transaction:
Common Stock — 167,553 shares (Direct, null)
Footnotes (1)
- Shares withheld by the Issuer to cover tax obligations arising upon vesting and settlement of restricted stock units under the Issuer's 2007 Omnibus Securities and Incentive Plan in a transaction exempt under Rule 16b-3. Shares withheld by the Issuer to cover tax obligations arising upon vesting and settlement of restricted stock units under the Issuer's 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3. Shares withheld by the Issuer to cover tax obligations arising upon vesting and settlement of performance stock units under the Issuer's 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3.
Key Figures
Tax-withheld shares: 3,704 shares
Withholding price (RSU blocks): $1.15/share
Withholding price (PSU block): $1.22/share
+1 more
4 metrics
Tax-withheld shares
3,704 shares
Common stock withheld for tax obligations on June 5, 2026
Withholding price (RSU blocks)
$1.15/share
Common stock withheld for RSU-related taxes
Withholding price (PSU block)
$1.22/share
Common stock withheld for PSU-related taxes
Tax-withholding transactions
3 transactions
All coded F for tax-liability payment
Key Terms
restricted stock units, performance stock units, Rule 16b-3, 2007 Omnibus Securities and Incentive Plan, +1 more
5 terms
restricted stock units financial
"vesting and settlement of restricted stock units under the Issuer's 2007 Omnibus Securities and Incentive Plan"
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.
performance stock units financial
"vesting and settlement of performance stock units under the Issuer's 2021 Long-Term Incentive Plan"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Rule 16b-3 regulatory
"in a transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
2007 Omnibus Securities and Incentive Plan financial
"under the Issuer's 2007 Omnibus Securities and Incentive Plan"
2021 Long-Term Incentive Plan financial
"under the Issuer's 2021 Long-Term Incentive Plan"
FAQ
What insider activity did Teads (TEAD) report for Bradshaw Wenkai?
Teads reported tax-related share withholdings for CAO Bradshaw Wenkai. On June 5, 2026, the company withheld 3,704 common shares to cover taxes triggered by vesting equity awards, rather than executing open-market stock sales.
Were Bradshaw Wenkai’s Teads (TEAD) transactions open-market stock sales?
No, they were not open-market sales. All reported transactions used code F, meaning shares were withheld by Teads to pay tax obligations from vesting equity awards, in transactions exempt under Rule 16b-3.
Which Teads (TEAD) equity plans were involved in Bradshaw Wenkai’s tax withholdings?
The withholdings were tied to awards under Teads’ 2007 Omnibus Securities and Incentive Plan and its 2021 Long-Term Incentive Plan. These plans granted restricted stock units and performance stock units that triggered tax obligations upon vesting and settlement.
What SEC rule applies to Bradshaw Wenkai’s Teads (TEAD) Form 4 transactions?
The Form 4 footnotes state the transactions are exempt under Rule 16b-3. This rule covers certain insider transactions related to issuer equity compensation plans, including share withholdings to satisfy tax liabilities on vested awards.