TrueCar (TRUE) COO reports tax share withholding on RSU vesting event
Rhea-AI Filing Summary
TrueCar, Inc. Chief Operating Officer Angel Jill reported an automatic share withholding tied to equity compensation. On 01/15/2026, 3,639 shares of TrueCar common stock were withheld at a price of $2.11 per share to satisfy her tax liability in connection with the vesting of restricted stock units, rather than being sold in an open-market transaction. After this tax withholding, she beneficially owned 335,137 shares of TrueCar common stock in direct ownership.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,639 | $2.11 | $8K |
Footnotes (1)
- F1. The reported securities were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units.
FAQ
Who is the insider in this TrueCar (TRUE) Form 4 filing?
The insider is Angel Jill, who serves as Chief Operating Officer of TrueCar, Inc.
What transaction did Angel Jill report for TrueCar (TRUE)?
She reported that 3,639 shares of TrueCar common stock were withheld to cover taxes due on the vesting of restricted stock units.
On what date did the reported TrueCar (TRUE) insider transaction occur?
The reported transaction occurred on 01/15/2026.
Was the TrueCar (TRUE) Form 4 transaction an open-market sale?
No. The footnote states that the reported securities were withheld to satisfy tax liability related to restricted stock unit vesting, not sold in the open market.
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