TrueCar CFO has shares withheld for taxes on RSU vesting
TrueCar, Inc.'s chief financial officer reported a routine share disposition related to tax withholding on vested stock awards.
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Rhea-AI Filing Summary
TrueCar, Inc.'s chief financial officer reported a routine share disposition related to tax withholding on vested stock awards. On 12/15/2025, 4,326 shares of TrueCar common stock were disposed of at $2.14 per share under transaction code F, which indicates shares were withheld to satisfy tax obligations. After this transaction, the officer directly beneficially owned 343,854 shares of TrueCar common stock. The filing explains that the shares were withheld to cover the reporting person's tax liability arising from the vesting of restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,326 | $2.14 | $9K |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TrueCar (TRUE) report on December 15, 2025?
The chief financial officer of TrueCar, Inc. reported a disposition of 4,326 shares of common stock on 12/15/2025, recorded as transaction code F.
What is the role of the reporting person in TrueCar (TRUE)?
The reporting person is an officer of TrueCar, Inc., serving as the company’s Chief Financial Officer.
Were any derivative securities reported in this TrueCar (TRUE) insider filing?
The section for derivative securities shows no entries, indicating no derivative securities were acquired or disposed of in this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.