Tesla (TSLA) CFO logs RSU vesting and tax-driven share sale
Rhea-AI Filing Summary
Tesla, Inc. Chief Financial Officer Vaibhav Taneja reported mixed insider activity involving restricted stock units (RSUs) and related share sales. On March 5, 2026, 6,538 RSUs vested and were converted into 6,538 shares of common stock at a stated price of $0.00, increasing his direct common stock holdings to 20,371 shares and his RSU balance to 65,382 units.
On March 6, 2026, 2,264.5 shares of common stock were sold at $397.031 per share, with a footnote stating that these shares were automatically withheld and sold by the issuer to satisfy tax withholding obligations tied to the RSU vesting, leaving 18,106.5 shares held directly. A footnote also notes that his beneficial ownership includes 76 shares acquired on February 27, 2026 under Tesla’s Employee Stock Purchase Plan and 111,000 shares of common stock held indirectly in GRATs, split equally between GRATs for which he is trustee and GRATs for which his spouse is trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,264.5 | $397.031 | $899K |
| Exercise | Restricted Stock Unit | 6,538 | $0.00 | -- |
| Exercise | Common Stock | 6,538 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares of the Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on March 5, 2026. The amount of securities beneficially owned includes 76 shares acquired on February 27, 2026, under the Tesla, Inc. Employee Stock Purchase Plan. PURSUANT TO THE ISSUER'S EQUITY PLAN AND POLICIES, THESE SHARES OF COMMON STOCK WERE AUTOMATICALLY WITHHELD AND SOLD BY THE ISSUER TO SATISFY THE REPORTING PERSON'S TAX WITHHOLDING OBLIGATIONS RELATED TO THE VESTING OF RESTRICTED STOCK UNITS REPORTED HEREIN. 55,500 shares are held directly by the reporting person in GRATs, for which the reporting person is a trustee, and 55,500 shares are held directly by the spouse of the reporting person in GRATs, for which the spouse of the reporting person is a trustee. 1/16 of the total restricted stock units initially subject to this award vested on December 5, 2024 and 1/16th of the total units initially subject to this award vest every quarter thereafter, so that all such shares subject to this award will be fully vested on September 5, 2028.