TEAD Form 4: Insider Withholds 1,731 Shares for Taxes at $1.63
Bradshaw Wenkai, CAO & SVP Corporate Controller of Teads Holding Co. (TEAD), reported three dispositions of common stock on 09/07/2025 totaling 1,731 shares sold at $1.63 per share.
Rhea-AI Filing Summary
Bradshaw Wenkai, CAO & SVP Corporate Controller of Teads Holding Co. (TEAD), reported three dispositions of common stock on 09/07/2025 totaling 1,731 shares sold at $1.63 per share. The transactions were withholding actions by the issuer to satisfy tax obligations upon vesting and settlement of equity awards: 94 shares withheld for performance stock units under the 2021 Long-Term Incentive Plan, 1,259 shares withheld for restricted stock units under the 2021 Long-Term Incentive Plan, and 378 shares withheld for restricted stock units under the 2007 Omnibus Plan. Following these transactions the reporting person beneficially owned 121,650 shares. The Form was signed by an attorney-in-fact, Veronica Gonzalez, on 09/08/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider tax-withholding sales after award vesting; no indication of voluntary market sales or change in control.
The Form 4 discloses issuer-withheld shares to cover tax liabilities arising from vesting of equity awards. Such transactions are common and exempt under Rule 16b-3, indicating these were mechanic compliance actions rather than open-market dispositions. The beneficial ownership decreased to 121,650 shares, but the filing does not show additional cash sales, new grants, or changes to voting arrangements. This filing is informative for ownership tracking but not material on its own.
TL;DR: Shares withheld to meet tax obligations on vested PSUs/RSUs; transaction amounts and price are disclosed.
The report specifies three withholding events tied to the 2021 Long-Term Incentive Plan and the 2007 Omnibus Plan. Combined withholding of 1,731 shares at $1.63 each reflects tax-covering mechanics after vesting/settlement. There is no indication of additional option exercises, cash proceeds retained by the insider, or changes to award programs. For compensation accounting and dilution monitoring, these are routine post-vesting adjustments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 94 | $1.63 | $153.22 |
| Exercise Price or Tax Liability | Common Stock | 1,259 | $1.63 | $2K |
| Exercise Price or Tax Liability | Common Stock | 378 | $1.63 | $616.14 |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did TEAD insider Bradshaw Wenkai report on Form 4?
What equity plans are referenced in the Form 4?
Who signed the Form 4 and when was it filed?
AI-generated analysis. How Rhea-AI works. Not financial advice.