Teads CFO has 9,588 shares withheld for taxes
Teads’ CFO had common shares withheld to satisfy taxes from vesting equity awards under the company’s incentive plans.
Rhea-AI Filing Summary
Teads Holding Co. (TEAD) reported that Chief Financial Officer Jason Kiviat had a total of 9,588 shares of common stock withheld on September 5, 2026 to cover tax obligations upon vesting and settlement of equity awards. The withholdings, at a reported value of $0.50 per share, related to performance stock units and restricted stock units granted under Teads’ 2021 Long-Term Incentive Plan and 2007 Omnibus Securities and Incentive Plan, in transactions described as exempt under Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 9,588 shares
Tax Withholding
3 txns
Insider
Kiviat Jason
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 306 | $0.50 | $153.00 |
| Tax Withholding | Common Stock F2 | 3,540 | $0.50 | $2K |
| Tax Withholding | Common Stock F3 | 5,742 | $0.50 | $3K |
Holdings After Transaction:
Common Stock — 314,185 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
Key Figures
Shares withheld for tax (performance stock units): 306 shares
Shares withheld for tax (RSUs, 2021 plan): 3,540 shares
Shares withheld for tax (RSUs, 2007 plan): 5,742 shares
+2 more
5 metrics
Shares withheld for tax (performance stock units)
306 shares
Common stock withheld on September 5, 2026 under the 2021 Long-Term Incentive Plan
Shares withheld for tax (RSUs, 2021 plan)
3,540 shares
Common stock withheld on September 5, 2026 under the 2021 Long-Term Incentive Plan
Shares withheld for tax (RSUs, 2007 plan)
5,742 shares
Common stock withheld on September 5, 2026 under the 2007 Omnibus Securities and Incentive Plan
Total shares withheld for tax
9,588 shares
Aggregate of three code F transactions on September 5, 2026
Reported value per share for tax-withholding events
$0.50 per share
Applied to each of the three September 5, 2026 withholding transactions
Key Terms
Rule 16b-3, performance stock units, restricted stock units, Long-Term Incentive Plan, +2 more
6 terms
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.
performance stock units financial
"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.
restricted stock units financial
"settlement of restricted stock units under the Issuer's 2021 Long-Term 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.
Long-Term Incentive Plan financial
"under the Issuer's 2021 Long-Term Incentive Plan in a transaction exempt"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Omnibus Securities and Incentive Plan financial
"under the Issuer's 2007 Omnibus Securities and Incentive Plan in a transaction"
payment of tax liability by delivering or withholding securities financial
"transaction described as Payment of tax liability by delivering or withholding"
FAQ
What insider transaction did TEAD’s CFO report on this Form 4?
Jason Kiviat, Chief Financial Officer of Teads Holding Co. (TEAD), reported three transactions on September 5, 2026 in which a total of 9,588 common shares were withheld to cover tax obligations arising from vesting equity awards.
Were the TEAD insider transactions open-market sales?
No. The filing describes the transactions as shares withheld by the issuer to cover tax obligations on vesting performance and restricted stock units, categorized as payment of tax liability by delivering or withholding securities, not as open-market purchases or sales.
Which TEAD equity plans were involved in the CFO’s Form 4 transactions?
The tax-withholding dispositions related to equity awards under Teads’ 2021 Long-Term Incentive Plan and its 2007 Omnibus Securities and Incentive Plan, covering performance stock units and restricted stock units that vested and settled on September 5, 2026.
Were the TEAD CFO’s transactions exempt under Rule 16b-3?
Yes. Each footnote states the shares were withheld by the issuer to cover tax obligations on vesting and settlement of equity awards in a transaction exempt under Rule 16b-3, which generally covers certain board- or plan-approved insider transactions.
Did Teads indicate a Rule 10b5-1 trading plan for these TEAD transactions?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, and the data do not indicate that these tax-withholding events were executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.