[Form 4] Thryv Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Thryv Holdings (THRY) Form 4: Chairman and CEO reported automatic share withholding to cover taxes upon RSU vesting. On 11/05/2025, the issuer withheld 793 and 957 common shares at $7.22 per share under transaction code “F” (tax withholding). Following these transactions, the reporting person beneficially owned 585,232 shares directly. An additional 1,625,206 shares were held indirectly by a trust. These entries reflect tax-related settlements tied to previously granted restricted stock units.

Insights

Equity compensation and insider trading analyst

Routine tax withholding on RSU vesting; ownership updated.

The transactions are coded “F,” indicating shares were withheld by the issuer to satisfy tax obligations upon vesting of prior RSU awards. This is a non-open market administrative event rather than a discretionary sale.

Post-transaction beneficial ownership stands at 585,232 shares directly and 1,625,206 shares indirectly via a trust. There is no stated cash consideration to the insider; the price of $7.22 reflects the withholding valuation used by the issuer.

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
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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)

2200 WEST AIRFIELD DRIVE,

P.O. BOX 619810

(Street)

DFW AIRPORT TX 75261

(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)
11/05/2025

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	11/05/2025		F		793(1)	D	$7.22	586,189	D
Common Shares	11/05/2025		F		957(1)	D	$7.22	585,232	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)
				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	11/07/2025
	** 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 did THRY’s CEO report on this Form 4?

Tax withholding related to RSU vesting, with issuer withholding 793 and 957 common shares at $7.22 on 11/05/2025.

What is transaction code F on the THRY Form 4?

Code F denotes shares withheld by the issuer to satisfy tax obligations upon vesting of equity awards.

How many THRY shares does the insider now hold directly?

The filing shows 585,232 shares beneficially owned directly after the reported transactions.

How many THRY shares are held indirectly by the insider?

The filing lists 1,625,206 shares held indirectly, identified as By trust.

What price was used for the THRY tax-withheld shares?

The transactions used a price of $7.22 per share.

Did the THRY CEO make an open market sale?

No. The reported entries are issuer share withholdings for taxes upon RSU vesting, not open market sales.