Oncology Institute (TOI) CEO logs tax-related restructuring of 23,058 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oncology Institute, Inc. Chief Executive Officer Daniel Virnich reported an administrative equity transaction involving 23,058 shares of common stock. According to the footnote, the issuer executed a sale of these shares to cover tax liabilities arising from the vesting of a restricted stock unit (RSU) award made on May 21, 2024.
Following this tax-related transaction, Virnich directly holds 2,337,166 shares of common stock. The filing does not show any open-market buying or selling by him, but rather a routine step connected to equity compensation and associated taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Virnich Daniel
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 23,058 | $4.47 | $103K |
Holdings After Transaction:
Common Stock — 2,337,166 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares in transaction: 23,058 shares
Transaction price: $4.47 per share
Post-transaction holdings: 2,337,166 shares
3 metrics
Shares in transaction
23,058 shares
Common stock involved in tax-related transaction on May 21, 2026
Transaction price
$4.47 per share
Price per share for common stock in the reported event
Post-transaction holdings
2,337,166 shares
Common stock directly held by CEO after the transaction
Key Terms
RSU award, sale to cover, other acquisition or disposition
3 terms
RSU award financial
"the vesting of an RSU award made on May 21, 2024"
sale to cover financial
"executed the sale to cover the tax liabilities arising from the vesting"
other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
FAQ
What insider transaction did TOI CEO Daniel Virnich report on this Form 4?
Daniel Virnich reported an administrative equity transaction involving 23,058 shares of Oncology Institute common stock. A footnote explains the issuer executed a sale to cover tax liabilities tied to an RSU award vesting on May 21, 2024.
Was the TOI CEO’s Form 4 transaction an open-market buy or sell?
The Form 4 does not report an open-market buy or sell by the CEO. Instead, it describes a sale executed by the issuer to cover tax liabilities from an RSU vesting, categorized as an “other” transaction event.
How is the TOI CEO’s Form 4 transaction classified in the filing data?
The transaction is coded “J” and labeled as an “other acquisition or disposition” of non-derivative common stock. Summary data classifies it as a restructuring-type event, not a standard buy, sell, gift, or tax-withholding code.