TrueCar COO has shares withheld to cover RSU tax obligations
TrueCar, Inc.'s Chief Operating Officer reported a routine insider stock transaction.
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Rhea-AI Filing Summary
TrueCar, Inc.'s Chief Operating Officer reported a routine insider stock transaction.
On 12/15/2025, 10,557 shares of TrueCar common stock were withheld at a price of $2.14 per share to satisfy the executive's tax liability in connection with the vesting of restricted stock units. Following this withholding, the COO beneficially owns 338,776 shares of TrueCar common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,557 | $2.14 | $23K |
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) disclose in this filing?
The filing shows that TrueCar's Chief Operating Officer had common shares withheld on 12/15/2025 in connection with the vesting of restricted stock units.
What is the relationship of the reporting person to TrueCar (TRUE)?
The reporting person is an officer of TrueCar, Inc., serving as the Chief Operating Officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.