Thryv Holdings (NASDAQ: THRY) withholds CEO shares to cover taxes
Rhea-AI Filing Summary
Thryv Holdings, Inc. disclosed that Chairman and CEO Joe Walsh had company shares withheld in early August 2026 to cover personal tax obligations arising from vesting restricted stock units. On August 5, 2026, 958 common shares were withheld at $2.445 per share, and on August 6, 2026, 1,167 shares were withheld at $2.46 per share. In total, 2,125 common shares were delivered or withheld to satisfy these tax withholding obligations, rather than representing open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,125 shares
Net Sell
2 txns
Insider
Walsh Joe
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares F1 | 1,167 | $2.46 | $3K |
| Tax Withholding | Common Shares F1 | 958 | $2.445 | $2K |
Holdings After Transaction:
Common Shares — 765,124 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares withheld on August 5, 2026: 958 shares
Shares withheld on August 6, 2026: 1,167 shares
Total shares withheld for taxes: 2,125 shares
+2 more
5 metrics
Shares withheld on August 5, 2026
958 shares
Common shares withheld to satisfy tax withholding obligations at $2.445 per share
Shares withheld on August 6, 2026
1,167 shares
Common shares withheld to satisfy tax withholding obligations at $2.46 per share
Total shares withheld for taxes
2,125 shares
Aggregate common shares delivered or withheld for tax liability in these transactions
Per-share price on August 5, 2026
$2.445 per share
Value used for tax withholding on 958 common shares
Per-share price on August 6, 2026
$2.46 per share
Value used for tax withholding on 1,167 common shares
Key Terms
restricted stock units, tax withholding obligations, vesting
3 terms
restricted stock units financial
"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"
vesting financial
"in connection with the vesting of a portion of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Thryv (THRY) report for Joe Walsh in August 2026?
Thryv reported that Chairman and CEO Joe Walsh had 2,125 common shares withheld in early August 2026 to cover tax obligations from vesting restricted stock units, split between two transactions on August 5 and August 6.
Were Joe Walsh’s August 2026 Thryv (THRY) transactions open-market sales?
No. The Form 4 describes both transactions as Code F events, with shares withheld by the issuer to satisfy tax withholding obligations in connection with vesting restricted stock units, not discretionary open-market sales or purchases.
Was Joe Walsh’s August 2026 Thryv (THRY) tax-withholding activity under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is marked false, indicating these tax-withholding dispositions were not reported as being made pursuant to a Rule 10b5-1 trading plan, but instead reflect routine tax withholding on vesting equity awards.