Thryv (THRY) CEO Joe Walsh has 2,125 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Thryv Holdings, Inc. Chairman and CEO Joe Walsh reported routine share dispositions related to tax obligations, not open-market trading. A total of 2,125 common shares were withheld by the company at a price of $4.28 per share to cover tax withholding triggered by the vesting of previously granted restricted stock units.
These entries reflect compensation-related tax withholding transactions rather than discretionary purchases or sales in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Walsh Joe
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 958 | $4.28 | $4K |
| Tax Withholding | Common Shares | 1,167 | $4.28 | $5K |
Holdings After Transaction:
Common Shares — 768,416 shares (Direct, null)
Footnotes (1)
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Key Figures
Total tax-withholding shares: 2,125 shares
First tax-withholding block: 1,167 shares at $4.28
Second tax-withholding block: 958 shares at $4.28
+1 more
4 metrics
Total tax-withholding shares
2,125 shares
Common shares withheld to satisfy tax obligations on RSU vesting
First tax-withholding block
1,167 shares at $4.28
Common shares withheld for tax obligations on vested RSUs
Second tax-withholding block
958 shares at $4.28
Additional common shares withheld for tax obligations on vested RSUs
Tax-withholding transactions count
2 transactions
Number of F-code tax-withholding dispositions reported
Key Terms
restricted stock units, tax withholding obligations, Form 4, tax-withholding disposition
4 terms
restricted stock units financial
"in connection with the vesting of a portion of restricted stock units previously granted"
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
"withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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.
FAQ
What insider transaction did Joe Walsh report for THRY on this Form 4?
Joe Walsh reported share dispositions tied to tax withholding, not market trades. A total of 2,125 Thryv common shares were withheld by the company to satisfy tax obligations from vesting restricted stock units.
Were Joe Walsh’s THRY transactions open-market sales of stock?
No, the reported THRY transactions were tax-withholding dispositions, not open-market sales. Shares were withheld by Thryv Holdings to cover tax liabilities arising from the vesting of previously granted restricted stock units.