Thryv (THRY) CEO Joe Walsh has shares withheld to cover RSU taxes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Thryv Holdings, Inc. chairman and CEO Joe Walsh reported routine share dispositions related to tax withholding on vested equity awards. On May 5 and May 6, a total of 2,125 common shares were withheld by the company at prices of $3.81 and $3.63 per share to cover his tax obligations from vesting restricted stock units, not open-market sales. After these transactions, Walsh directly holds 771,499 common shares, and an additional 1,625,206 common shares are reported as indirectly owned through a trust.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Walsh Joe

Role Chairman and CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	1,167	$3.63	$4K
Tax Withholding	Common Shares	958	$3.81	$4K
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 771,499 shares (Direct, null); Common Shares — 1,625,206 shares (Indirect, By trust)

Footnotes (1)

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Key Figures

Tax-withheld shares: 2,125 shares Tax-withholding price: $3.81 per share Tax-withholding price: $3.63 per share +3 more

6 metrics

Tax-withheld shares 2,125 shares Common shares withheld for tax obligations on vested RSUs

Tax-withholding price $3.81 per share Price for 958 shares withheld on May 5

Tax-withholding price $3.63 per share Price for 1,167 shares withheld on May 6

Direct holdings after transactions 771,499 shares Common shares directly owned by Joe Walsh after tax withholding

Indirect holdings by trust 1,625,206 shares Common shares indirectly owned through a trust as of May 5

Tax-withholding transactions 2 events Form 4 classifies both dispositions as tax withholding (Code F)

Key Terms

restricted stock units, tax withholding obligations, Form 4, indirect, +1 more

5 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.

indirect financial

"direct_or_indirect": "I","

By trust financial

""nature_of_ownership": "By trust""

Form 4 Insider Transactions: What Each Field Means →

05/07/2026 - 08:01 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Walsh Joe

(Last)

(First)

(Middle)

1301 MUNICIPAL WAY

SUITE 220

(Street)

GRAPEVINE

TEXAS

76051

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Thryv Holdings, Inc. [ THRY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	05/05/2026		F		958⁽¹⁾	D	$3.81	772,666	D
Common Shares	05/06/2026		F		1,167⁽¹⁾	D	$3.63	771,499	D
Common Shares								1,625,206	I	By trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of a portion of restricted stock units previously granted to the Reporting Person.

Remarks:

	/s/ Meredith Kennedy, attorney in fact	05/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Thryv (THRY) CEO Joe Walsh report on this Form 4?

Joe Walsh reported share dispositions used to cover tax obligations, not market sales. The company withheld 2,125 Thryv common shares tied to vesting restricted stock units, satisfying his tax withholding requirements while he retained a large remaining equity position.

How many Thryv (THRY) shares were withheld for Joe Walsh’s tax obligations?

A total of 2,125 Thryv common shares were withheld for taxes. This comprised 958 shares at $3.81 per share and 1,167 shares at $3.63 per share, related to the vesting of previously granted restricted stock units.

Were Joe Walsh’s Thryv (THRY) Form 4 transactions open-market sales?

No, the Form 4 states these were tax-withholding dispositions, not open-market sales. The issuer withheld shares to satisfy Joe Walsh’s tax liabilities on vested restricted stock units, a common administrative mechanism rather than a discretionary stock sale.

How many Thryv (THRY) shares does Joe Walsh hold directly after these transactions?

Following the tax-withholding dispositions, Joe Walsh directly holds 771,499 Thryv common shares. This figure reflects his remaining direct ownership after the company withheld 2,125 shares to satisfy tax obligations arising from restricted stock unit vesting.

What indirect Thryv (THRY) shareholdings by Joe Walsh are disclosed on this Form 4?

The Form 4 shows an indirect holding of 1,625,206 Thryv common shares held "by trust." This indicates additional ownership reported through a trust structure, distinct from Joe Walsh’s 771,499 directly held common shares after the tax-withholding events.

What does the footnote in Joe Walsh’s Thryv (THRY) Form 4 explain about the transactions?

The footnote explains that the withheld Thryv shares satisfied Joe Walsh’s tax withholding obligations. These obligations arose from the vesting of restricted stock units previously granted to him, clarifying that the dispositions were administrative, not elective open-market stock sales.