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Thryv Holdings (THRY) CEO reports tax-withholding share dispositions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Thryv Holdings, Inc. Chairman and CEO Joe Walsh reported two small tax-related share dispositions tied to restricted stock unit vesting. On March 6, 2026, 1,167 common shares at $3.18 per share were withheld, and on March 5, 2026, 958 common shares at $3.32 per share were withheld.

According to the footnote, these shares were withheld by the company to cover Walsh’s tax withholding obligations, rather than sold in an open-market transaction. After these tax-withholding dispositions, Walsh directly owned 760,749 common shares of Thryv Holdings.

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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 TX 76051

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Shares 03/05/2026 F 958(1) D $3.32 761,916 D
Common Shares 03/06/2026 F 1,167(1) D $3.18 760,749 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
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 03/09/2026
** 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.

FAQ

What insider transaction did Thryv Holdings (THRY) report for Joe Walsh?

Thryv Holdings reported that Chairman and CEO Joe Walsh had common shares withheld to cover tax obligations from restricted stock unit vesting. Two tax-withholding dispositions occurred in early March 2026, reducing his holdings slightly while settling associated tax liabilities through share delivery.

How many Thryv (THRY) shares were disposed of for Joe Walsh’s tax withholding?

In total, 2,125 Thryv common shares were disposed of for Joe Walsh’s tax withholding. This included 1,167 shares on March 6, 2026, at $3.18 per share and 958 shares on March 5, 2026, at $3.32 per share, all classified as tax-withholding dispositions.

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

No, Joe Walsh’s reported transactions were not open-market sales. The filing classifies both as tax-withholding dispositions, with shares withheld by Thryv to satisfy his tax obligations upon vesting of previously granted restricted stock units, rather than discretionary sales into the market.

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

After the reported tax-withholding dispositions, Joe Walsh directly owned 760,749 Thryv common shares. This balance reflects the net position following the March 6, 2026 withholding of 1,167 shares, as disclosed in the filing’s post-transaction ownership figure for his direct holdings.

What does transaction code F mean in the Thryv (THRY) Form 4 for Joe Walsh?

Transaction code F on Joe Walsh’s Form 4 indicates payment of an exercise price or tax liability by delivering securities. Here it reflects shares of Thryv common stock withheld by the company to satisfy his tax withholding obligations from restricted stock unit vesting.
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